Information

NationStar Mortgage

Website: http://shortsalebasics.ning.com/Nationstar/
Members: 522
Latest Activity: on Friday

NationStar Short Sale Informations

 

 

Click The Button Now To Hire A Short Sale       Superstar To Support You.

NS Escalation Form.pdf

NS Realtor FAQ.pdf

NS Realtor Assistance Desk.pdf

NEW NS Authorization Form

NEW NS Short Sale Acknowledgment Agreement -addresses auction.com.pdf

 

NationStar is now using equator.com. Initiate your short sale there. Also the borrower needs to call 877-450-8638 to give financial info.

The nationstar escalations number is 877-343-6386

shortsalesupport@nationstarmail.com

Short sale dept # 888-811-5281; fax authorization to 972-966-4530

FNMA Loans 866-312-2432 LOA FX 972-459-1611

https://www.nationstarmtg.com/CustomerCenter/BestOption.aspx

 

Nationstar Agent Equator Task Guidelines.pdf

 

Step 1: Contact us — 1-888-480-2432

FAX LOA to: 469-549-2455

Direct line to Short Sale/Loss Mitigation: 866-312-2432

Step 2: Complete the Financial Worksheet

Nationstar Financial Worksheet.pdf

Agent Guidelines Fannie.pdf

Agent Guidelines FREDDIE.pdf

NS Financial Request.pdf

NS Hardship Affidavit.pdf

NS 4506t.pdf

NS Dodd Frank.pdf

ALL BUYERS MUST COMPLETE:

NS Buyer Application.pdf

Step 3: Fax or mail to Nationstar Mortgage

Fax — 1-972-315-6827
Mail — Nationstar Mortgage
Loss Mitigation Department
350 Highland Drive
Lewisville, TX 75067

Discussion Forum

nationstar FHA Loan- Need your help ASAP

Started by Sigal Waizman. Last reply by Kevin - Greenville, SC Dec 31. 4 Replies

We have a loan with nationstar FHA Loan, We submitted all the documents via equator met with the appraiser got the value that the buyer agreed everything was finally moving well. We submitted an…Continue

Deadline to submit HAFA Short Sale to NS

Started by Tony Morales. Last reply by Anna Boyd Nov 26, 2016. 1 Reply

Per my contact at NS, As HAFA is expiring on December 31, 2016  they are establishing a deadline date of December 1, 2016 to review packages for HAFA eligibility.  Any package received after that…Continue

AUCTION after executed contract???? to 2 veterans????

Started by Wanda martinez. Last reply by Tom Braunagel Oct 20, 2016. 5 Replies

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

Nationstar PFS Preforeclosure sale

Started by Al. Last reply by Brett Goldsmith Jun 14, 2016. 3 Replies

I have an FHA short sale with nationstar received an ATP recently. The negotiator told me we need to net 84% of appraised value now the ATP stated it needs to net atleast 88%. Also the owner notified…Continue

Comment Wall

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Comment by Ben Benita on June 10, 2010 at 10:29pm
Lisa, I thought with HAFA there were no deficiencies allowed?
Pat and Ben (GREAT name by the way) -- that is TOTAL BS, 2 things, tell them to put that in writing, I think legally they can not REQUIRE a Seller to miss payments, also, the BEST response for being told the Seller must miss paymentsL

"Really, that is AWESOME, I can tell my clein t to quit paying you for a few months, live in the home for FREE, and then you will help him....they are going to be SO HAPPY when I tell them theat..."

Response 99 times out of 100 when you use that line:
"Uhh, I am not saying to skip payments.....bla blah blah (I am just reading from teh script my boss gave me)
Comment by Suzanne McLaughlin on June 6, 2010 at 5:59pm
I did a cash for keys offer with NationStar. However, the homeowner didn't want to move within the timeframe and lost out...It was right before Christmas...nice.
Comment by Lisa Dorsey on June 6, 2010 at 4:34pm
Has anyone had any luck getting the defeciency language out of the approvals now with HAFA ?
Comment by Pat and Ben Mullikin on March 6, 2010 at 9:01pm
I was told by someone at NationStar in loss mitigation that my client's loan was a Fannie Mae loan and he had to be at least 30 days delinquent before they would consider a short sale. (He's not and doesn't want to be) Does anyone know if Nation Star will require an attempt at a loan mod befor approving a ss?
Comment by Deb Orth on February 22, 2010 at 12:43pm
One of my colleagues called me this afternoon wondering if I had heard of Nationstar's Cash for Keys program. I said it was probably a deed -in-lieu. Have any of you heard about it and if so, what is your experience?

Deb Orth
Comment by Clayton Bonjean on February 20, 2010 at 6:20am
Suzanne,

They have been fantastic, I have had 2 approvals from Nationstar. They answer their phone almost everytime, they pay 6%, and they are nice. I have one more left with them and I am just awaiting an offer. They did not ask for a cash contribution but would not waive the right to a deficiency.
Comment by Suzanne McLaughlin on February 2, 2010 at 6:15pm
Clayton, has the approval been completed? Are they asking for a commisison reduction. Do they need money from the buyer?
Comment by Clayton Bonjean on January 15, 2010 at 5:06am
Another note: these were Fannie Mae loans.
Comment by Clayton Bonjean on January 15, 2010 at 5:04am
Just received another Nationstar approval. Very important: Expect language allowing for a future deficiency judgement in the approval letter. Just like BofA. The negotiator said it could not be removed. They did not require a cash contribution or a prom. note but the language is there allowing future collections.
Comment by Suzanne McLaughlin on December 29, 2009 at 9:07am
They are easy and fast to work with...right until the end. The investor always seems to be the snag...and watch your commission like a hawk. Don't end up the sad and pitiful mess I was at closing. Six months babysitting the house and they cut my commission in half. It was even enough to reimburse me for the cash for keys and all the marketing reports I did let alone all the negotiations on three offers all of which were denied except the last and then they made the buyer wait three months to the day of her offer to close. And, kept upping the price on her. Unfortunately, she was in love with the property and kept giving them more and more money....until the appraisal came in very low...and it was their guy because they were the lender to the buyer. Oh my!!!!
 

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