Jim McCormack's Discussions (173)

Discussions Replied To (67) Replies Latest Activity

"Hi Tammie. The first question is: What type of loan do you have (i.e. VA, FHA, Fanni…"

Jim McCormack replied Sep 27, 2012 to Questions about getting started with possible Short Sale

11 Sep 27, 2012
Reply by Tammie Cornitius

"In my opinion, Wells Fargo is the worst lender for short sales out of the 8 large ba…"

Jim McCormack replied Sep 11, 2012 to Wells Fargo strikes again

3 Sep 11, 2012
Reply by TOP END Properties

"I don't think investment properties are eligible.  The current guidelines do not say…"

Jim McCormack replied Jul 19, 2012 to asc/Wells Fargo short sale investment (2units) property HAFA, vacant

7 Jul 20, 2012
Reply by Smitty

"No, the property is not eligible for HAFA.  Please see page 6 of this document: http…"

Jim McCormack replied Jul 19, 2012 to asc/Wells Fargo short sale investment (2units) property HAFA, vacant

7 Jul 20, 2012
Reply by Smitty

"I did this same thing with BofA having the 1st non-short mortgage and the sale close…"

Jim McCormack replied Jul 17, 2012 to Wells Home Equity approval process when first is not short?

5 Jul 17, 2012
Reply by Gael Adair Grove, CDPE/SFR/ePro

"Get a mortgage payoff for the 1st mortgage and put that amount on the HUD.  The payo…"

Jim McCormack replied Jul 17, 2012 to Wells Home Equity approval process when first is not short?

5 Jul 17, 2012
Reply by Gael Adair Grove, CDPE/SFR/ePro

"HAFA is the 31% limit or more.  In other words, if the Borrower's Monthly Mortgage P…"

Jim McCormack replied Jul 6, 2012 to HAFA denied for HTI being too low?

3 Jul 6, 2012
Reply by Jim McCormack

"As far as I know regarding FHA Short Sales if the Borrower's income is deemed suffic…"

Jim McCormack replied Jun 12, 2012 to Seller has a FHA Loan

1 Jun 12, 2012
Reply by Jim McCormack

"I cannot comment on the law in CA, but the payment would not necessarily have to be…"

Jim McCormack replied May 17, 2012 to Wells Fargo Home Equity blackmail?

6 Oct 17, 2012
Reply by Stephanie Hart CA 310-930-2342

"One more item.  What value did the bank set for the property (if known)?"

Jim McCormack replied May 14, 2012 to Anyone done SS with some equity on the property?

12 May 14, 2012
Reply by Wendy Rulnick

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