Discuss Webster Bank Short Sales.
Website: http://www.shortsalesinct.com/banks/webster/
Members: 8
Latest Activity: Feb 23, 2017
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FORMS:
Webster Bank Financial Disclosure Statement: http://www.shortsalesinct.com/banks/webster/
REQUIRED DOCS:
· Webster Bank Financial Disclosure Statement
· Tax Returns (Last 2 years)
· Bank Account Statements (Last 60 days, all accounts, all pages)
· Pay Stubs (Last 60 days)
· Hardship Letter
· 3rd Party Authorization
INITIATION: Fax to 203-294-8369 OR Email to [email protected]
TOP END Properties
Connecticut Realtor
Short Sale Specialist
Phone: 203-936-7776
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Am in the middle of a HAFA in which Webster holds the 2nd. Webster says it will approve the HAFA but it wants 91% of its unpaid balance because that's the percentage the first is getting. I explained that HAFA guidelines state the maximum Webster can receive under HAFA is $8500, and it would be in violation, but Webster said it did not care about HAFA guidelines. Has anybody else countered this attitude? How can a bank agree to a HAFA and then refuse to follow HAFA guidelines?
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