Information

NationStar Mortgage

Website: http://shortsalebasics.ning.com/Nationstar/
Members: 496
Latest Activity: on Saturday

NationStar Short Sale Informations

 

 Click the button to hire a Superstar in your area

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

Bankruptcy

Started by Mary Ferris. Last reply by Tony Morales Jun 19. 4 Replies

Almost ready to go an Homesearch.com , have a good buyer, and owners just filed for Bankruptcy.I asked Attorney to keep the house out of the bankruptcy , but said without the house they would not…Continue

Need Advice, FC Sale Scheduled May 21!

Started by Sharon Burgos. Last reply by Ben Benita May 6. 12 Replies

Hello all, I'm hoping someone here can give me some insight into Nationstar's process and how I can stop the scheduled foreclosure sale.  I have a situation very similar to another one here...Spanish…Continue

Nationstar grabs the auction business from Auction.com with Homesearch.com

Started by Sean Ryan. Last reply by Brenda Houghton May 4. 10 Replies

You may have noticed that Nationstar has kicked its business partner Auction.com to the curb, in favor of scooping that 5% no-expenses free revenue to its newly minted in-house subsidiary,…Continue

Auction.com requirement - is this even legal?!

Started by Kim Wennerberg. Last reply by Randy Loyer Apr 14. 55 Replies

I am an agent representing both buyer and seller (transac broker) in FL. The title company is in the process of submitting the short sale docs and has been told of a new requirement this morning.Even…Continue

Tags: auction.com, nationstar, nation star

Comment Wall

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Comment by Esperanza on October 9, 2014 at 5:22pm

Nationstar has just messaged me their worksheet and hopefully that will work! This has been a stress all week! I don't understand how the IRS thinks they can dictate anything they want?!?

Comment by Brian Avery on October 9, 2014 at 5:12pm

The IRS will only allow 3K relocation.  If they get more than 3k it needs to go to the IRS or be used to payoff other liens. That will be your biggest issue. You probably can use the worksheet nationstar give you to show the IRS the breakdown.  

Comment by Esperanza on October 9, 2014 at 5:03pm

The packet that I sent to the IRS for the lien release requested several forms with those docs and I did provide all that. What they are not accepting is the approval letter in the section where it shows "Allowable closing costs" They want it all broken down. They are OK with the commission, the seller's concession, but with the amount in the "total other closing costs and negotiated subordinate lien release" they want to know where each cent it going to, which is provided in the approved HUDs form the bank, but that is not enough. they want a revised approval letter with those corrections. Our sellers were approved for more than 3k for relocation assistant and the IRS is not accepting our sellers to get more than 3k for relocation assistance?

Comment by Jeffrey W Wolff on October 9, 2014 at 4:40pm

Esperanza, we are working on a file with similar issues and IRS just came back asking for a payoff letter from (Payoff Lender) along with an appraisal/BPO. We were lucky to get Bayview to cooperate and give us the appraisal.  The IRS wants to see proof of value of property and all amounts due Nationstar.  Hope that helps.  Jeff

Comment by Esperanza on October 9, 2014 at 4:31pm

I had a short sale that was suppose to close last week on the 29th and the week prior before we were about to submit the final HUDs our new title report popped up a federal tax lien that is over $200k. So we got a 2 week extension which expires tomorrow >.< I am working on a federal tax lien release that I've done before, everything was going well until the IRS rep told me that unless Nationstar does not break down their approval letter, they will not release the lien, they are not negotiating anything they just want to know specifically where the money is going, and I provided her the approved HUDs, but they cannot accept that. Please someone help me, Nationstar does not want to break it down!!!

Comment by Thom Colby CA Brkr 888-391-5245 on October 6, 2014 at 2:16pm
Comment by Brett Goldsmith on August 24, 2014 at 7:14pm

Bill, try to initiate the file into equator to get the ball rolling. Feel free to reach out to me anytime. Brett@ishortsalenow.com, 310-564-6389, www.ishortsalenow.com

Comment by Bill Garrett on August 23, 2014 at 2:39pm

FHA MORTGAGE - NATIONSTAR

Is the FHA review similar to other lenders?  Is there a number for the homeowner to call to request the SS, and get the retention/waterfall review underway?

Comment by Nolberto on August 8, 2014 at 10:49am

Graylon,

I have one. Please send me a private message.

Thanks,

Comment by Graylon J. Prophet on August 8, 2014 at 8:56am
Yes, the DIL was recorded in public recorded on 9-17-2012 and the attorney we were working with confirmed it. Please advise
 

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