Mr. Cooper
Information
NationStar Short Sale Informations
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Mr. Cooper is now using equator.com. Initiate your short sale there.
Escalation email: [email protected]
Depending on the loan type Mr. Cooper may have the file go through the 3rd party auction platform xome.
Discussion Forum
Messy Foreclosure defense. 4 liens on property!
Started by Russ Trinidad. Last reply by Russ Trinidad Dec 5, 2018. 9 Replies 0 Likes
My client (Seller) originally bought a home with a 1st and 2nd mortgage with CMG Financial in 2006. The mortgage started slipping away from him so he entered a foreclosure defense agreement with an…Continue
AUCTION after executed contract???? to 2 veterans????
Started by Wanda martinez. Last reply by Donte Tribble Apr 5, 2018. 8 Replies 0 Likes
We want to escalated this from Nationstar.... We have an executed contract for 4 months ..... NOW, Nationstar wants to start an AUCTION.... the seller is a veteran with a hardship and the buyer is a…Continue
FHA Denial for Surplus of Income
Started by Shawn Lowery. Last reply by Minna Reid Oct 11, 2017. 3 Replies 0 Likes
Nationstar, FHA loan, mortgagor denied short sale eligibility and instead offered forbearance. Here is message from loan rep:At this time the home owner is not eligible to participate in the short…Continue
Nationstart will not accept to start a short sale
Started by Elvira Quiray. Last reply by Ben Benita Apr 26, 2017. 1 Reply 1 Like
Hi All,I need your comments on this situation I have. The sheriff sale date is in a week. I have called Nationstar and they will not accept the short sale because the sheriff sale is too close. Just…Continue
Comment Wall
Comment
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Comment by Tracey Semelsberger on November 28, 2012 at 9:56am
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Kevin, no HAFA..just going regular SS
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Comment by Kevin - Greenville, SC on November 28, 2012 at 9:55am
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Tracey, Also, is it a HAFA SS?
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Comment by Sheila Vardakis on November 28, 2012 at 9:48am
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if the investor tells the servicer they want it in the contract, is adding the addendum a solution Kevin?
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Tracey,
Keep in mind the the verbiage for a Deed Restriction if there is one would most likely be Investor specific, not Servicer.
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its a deed restriction and #14 in the addendum addresses the very thing that fannie wants addressed.Fannie%20Mae%20Real%20Estate%20Purchase%20Addendum.pdf
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there is a new rule that began with Fannie Mae on 11/1 and they are requiring 90 day deed restrictions on the sales. I have one with Seterus that is requiring the title company write it on the deed and the title company is saying they can't and Seterus is saying they can't and so it would end up not closing. however I see fannie mae addendums done all the time on REO properties so why couldn't this addendum be also used on short sales?
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Ok. I only have the required verbiage for a Freddie and Fannie Loan.
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At Kevin- Conventional loan. Thanks!
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Tracey, What type of Loan?
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does anyone have a copy of a recent approval letter from Nationstar. Specifically the verbage regarding how long the buyer has to keep the property. I have a rehabber interested to know before he puts an offer.
Thanks!
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