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Regions Bank

Information to assist you with Regions Bank Short Sales

Members: 72
Latest Activity: Sep 4, 2020

Regions Bank Short Sale Information

 

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First, find out if the borrower's mortage is with Regions Bank or Regions Mortgage. They are handled separately.

Regions Bank (not Regions Mortgage * see below)

Regions Bank Telephone 1-800-986-2462
Fax 1-601-554-2011

 

Regions Bank Short Sale Package.pdf

Regions Mortgage is different from Regions Bank for short sales.  Here is what they need:

Regions Mortgage 1-800-986-2462 

Regions Mortgage fax  601-554-2913 or 601-554-2940.

These are the items Regions needs in order to  review the account for a short sale

Regions Mortgage Authorization

Regions Mortgage Short Sale Affadavit

Regions Mortgage Uniform Borrowers Assistance Form

1.  A signed sales contract
2.  Most recent pay stubs ( to cover 30 days)
3.  Recent bank statement ( to most recent months)
4.  Completed financial form  
5.  Last two years tax returns ( must be signed)
6.   Signed authorization form for 3rd party  

7.   Contact information for person/ agency to access to property so aprasial can be done
8.   HUD settlement  statement
9.    Listing agreement
10.  Buyers proof of funds
11.  Short Sale affidavit  


You can fax information to 601 554 2913 or 601 554 2940.     

Discussion Forum

Regions upper level management contact?

Started by Craig Bartels Mar 16, 2015. 0 Replies

we have a short sale that has been in the "underwriter review" status for months now. We have escalated it, still nothing....they have everything needed and it's going nowhere. Does anyone have a…Continue

Regions Email

Started by Sarah Little. Last reply by Short Sale Superstars LLC Jan 7, 2015. 1 Reply

Does have an email address of where short sales packages can be sent or can they only be faxed?Continue

Tags: address, mortgage, bank, email, regions

REGIONS BANK AND REGIONS MORTGAGE - REO CONTACTS

Started by Richard Zaretsky Aug 11, 2014. 0 Replies

Does anyone have contact info for Regions Bank and Regions Mortgage REO departments?  My son wants to buy a property they have now for 5 months but it is not listing yet and the system's posted…Continue

Tags: Bank, Regions

Regions wants 70% on Deficiency after $8500 of hafa funds

Started by Ludora Cooper Jun 12, 2013. 0 Replies

Has anyone had this to happen with Regions? My seller has a Heloc with a balance of $22,000. Regions has agreed to accept $8500 from hafa funds on the Jr. lien and NOW they want an additional $9,800…Continue

Comment Wall

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You need to be a member of Regions Bank to add comments!

Comment by Clayton Bonjean on January 15, 2010 at 2:45am
Regions will let you exchange buyers on buyer walked short sales. I represented a buyer that finalized a contract on a buyer walked short sale with regions. The contract was executed on Saturday and we had an approval letter on Monday afternoon. Amazing!
Comment by Jeff Payne on December 2, 2009 at 4:21am
They are very easy to work with, i will dig up a regions short sale package and post it today.
Comment by Wendy Rulnick on September 29, 2009 at 12:27pm
Jeff,

That is VERY good INTEL!!! THANK YOU!
Comment by Jeff Payne on September 29, 2009 at 11:21am
Just got an approval on a Regions HELOC, seller was asked to contribute $6100 on a note of 42901.82. First was covered, seller was not behind on their payment and regions is releasing them from their obligation to repay the balance
 

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