Information

NationStar Mortgage

Website: http://shortsalebasics.ning.com/Nationstar/
Members: 527
Latest Activity: Oct 11

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

[email protected]

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

FHA Denial for Surplus of Income

Started by Shawn Lowery. Last reply by Minna Reid Oct 11. 3 Replies

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

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

Started by Wanda martinez. Last reply by Ben Benita May 4. 7 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

Nationstart will not accept to start a short sale

Started by Elvira Quiray. Last reply by Ben Benita Apr 26. 1 Reply

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

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

Comment Wall

Comment

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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!!!!
Comment by Susan Phelps on December 29, 2009 at 5:10am
I also have found Nationstar easy and fast but it seems that the investor could be a problem. I have a short sale in Minnesota with a 3 month old appraisal for $690K. This is well below market value, proven by comps, and provided to Nationstar with another offer (after the first one was denied). They stated that the appraisal was $690K, they did a review and it came back at $700K. It seems that they will not do another appraisal and will not consider an offer less than market value (per the investor). We know what is happening to this house, vacant, winter, declining market value. Anyone have any suggestions or a contact that might listen?
Comment by Evelyn Broxterman on December 16, 2009 at 5:53pm
My experiences so far with NationStar have been wonderful! They communicate and are quick! They could teach other banks how to do short sales!! ;-)
Comment by Clayton Bonjean on December 16, 2009 at 5:46pm
We just received approval on a Nationstar short sale. They have been great to deal with. I received an approval in less than 45 days and the negotiator was very apologetic about the long lead time. In my experience, 45 days is not a long lead time for a short sale.
Comment by Clayton Bonjean on November 25, 2009 at 11:25am
Easy to communicate with them. Expect their mortgage company to agressively pursue the buyer for financing. They will require all buyers to be pre qualified by Nationstar.
Comment by Teresa Turner on November 22, 2009 at 12:03pm
Just got approval on my first short sale with Nationstar on Friday. I found them easy to work with and they communicate well.
Comment by Suzanne McLaughlin on October 27, 2009 at 4:46pm
Here is the CEO's email address. Have fun.....
 

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