Mr. Cooper
Information
NationStar Short Sale Informations
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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
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Comment by Joanna Piette on October 26, 2011 at 9:02am
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I'm headed there now - wish me luck!!
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Comment by Jeff Payne on October 26, 2011 at 8:54am
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Did you try JigSaw.com for contacts?
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Does anyone have management names/email/phone number to escalate a file? We simply need a 10-day closing extension for a seller who's in China, and the negotiator says NO. HELP!
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Comment by Kevin - Greenville, SC on October 23, 2011 at 9:59am
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Sounds like Nationstar provided a SSA before they received approval from the MI company. Since the MI company is requesting a contribution from your client, they no longer qualify for a HAFA SS. You may want to escalate your concerns.
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Comment by Cindy Korstad on October 23, 2011 at 9:31am
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Hi Kevin,
Yes this form was filled out by the sellers.
Thanks,
Cindy
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Cindy,
HAFA Approved means you have something like this - http://cbblogestate.com/wp-content/uploads/2010/04/HAFA-SSA.pdf
Is that correct?
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Hi Kevin,
It is a HAFA approved short sale and they countered us about 3 weeks ago with $5000 above the offer amount, I submitted comps to confirm the value of the offer and then we received the response from the MI wanting $11,800 in contributions. We do not have an approval on this offer yet.
I hope I am understanding your questions correctly.
Thank you,
Cindy
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Cindy,
Do you already have a HAFA SSA in place?
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I am the listing agent for this short sale with NationStar, the BPO has been done and all of the financials in place the buyer has be preapproved with NationStar and we have all been waiting for an answer. Last Friday NationStar responded with a demand from the MI company for seller contributions of $11,800, it is not possible for the sellers to come up with the money so they want it on a note for 110 months. This is a HAFA short sale and the sellers were turned down for a loan modification, any help would be greatly appreciated.
Thank you,
Cindy
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