Replies to This Discussion

Permalink Reply by Smitty on October 18, 2011 at 8:06am

I have one from ASC (as servicer) in June with a waiver and WF as investor.  You're welcome to have it, but I'm not sure it's exactly what you are looking for.

Permalink Reply by Junior on November 2, 2011 at 10:18am

Received this today...

Wells Fargo Bank, N. A. approves the sale of the above referenced property This sale will result in a short payoff of the mortgage, and the mortgagor(s) acknowledge they waive any and all rights to any escrow balance, insurance proceeds or refunds from prepaid expenses. Neither the mortgagor nor any other party may receive any sale proceeds or any funds as a result of this transaction except as noted in this Demand Statement. As agreed, when we receive the sale proceeds and all required documentation, we will notify the credit bureau to reflect "agreed settlement short of full payment" which would appear on the credit report within 

60 - 90 days from the sale date and within 60‐90 days from the date of notification and waive any deficiency rights, if applicable.

Permalink Reply by Junior on January 18, 2012 at 6:12am

I just reveived an approval from Wells today 1/18 that did not waive the deficiency. Were you able to get the deficiency waived?

Thanks for your help.

Permalink Reply by Brian Wood on January 18, 2012 at 6:14am

Yes, but for $2500.