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Seterus went out of business and primarily sold their loan portfolio to Mr. Cooper. Check out the Mr. Cooper group for their contact information. http://shortsalesuperstars.com/group/mrcooper
Started by Jeffrey W Wolff Feb 21, 2019. 0 Replies 0 Likes
FYI all:I learned today that Seterus is being bought by Mr. Cooper. Seterus was always easy to work with and Mr. Cooper being one of the worst. The negotiatiors are moving to Mr. Cooper which is a…Continue
Started by Evelyn Blanks Apr 6, 2017. 0 Replies 0 Likes
Hi does anyone have the most recent Uniform Borrowwer Assistance Form and Third Party Authorization for Seterus. I spoke to them yesterday and they directed to me to their website - but for some…Continue
Started by Nadia Scheffers. Last reply by Nadia Scheffers Apr 4, 2016. 2 Replies 0 Likes
Can anyone tell me if Seterus use Equator?Thank youContinue
Started by Vanessa Machado Apr 16, 2015. 0 Replies 0 Likes
SHORT SALE SUBMITTED ON 3/5/2015 VIA FAX TO SETERUS AND INITIATED THE SAME DAY THROUGH HOMEPATH.COMUNFORTUNATELY, FILE IS STILL NOT ASSIGNED TO A NEGOTIATOR AFTER ALMOST 45 DAYS. FANNIE MAE IS MADE…Continue
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Looking for Seterus Third party Authorization.. I have the LBPS one ,but I'm not sure if htey will accept it.
Thank you Kevin! I sent them a generic LOA and they are proving to be a tad difficult . It was originally serviced by BAC and right after I started the short sale in Equator BAC transferred it to Seterus. I've spent a week just trying to get this part going. They have all short sale documents unless they come up with some new requirement. I hope it gets easier from here.
Does anyone have a current blank LOA form from Seterus that they can share with me?
Sarah, The Servicemember Civil Relief Act doesn't prevent a Servicemember from being foreclosure upon, it does require a Lender to take certain steps to do so.
The Servicemember Civil Relief Act requires active duty soldiers be informed of civil actions like foreclosure, and allows them to delay the process until they are home to defend themselves.
Read more: http://www.abcactionnews.com/dpp/news/local_news/investigations/Ban....
http://www.abcactionnews.com/dpp/news/local_news/investigations/Ban...
The main problem I have with Seterus is it cuts your commission so it can pay a third-party vendor. They also ask for those fees to be in the 500 series on the HUD. Don't ever do it because then you could be accused of paying a commission to an unlicensed entity. Those fees belong in the 1300 series.
Joyce. HAFA docs are in the HAFA group.
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