Here is a summary of a call with a VP at Wells Fargo, all identities will be remain undisclosed at this time.....BTW the call was recorded :)
Tags:
I just received this email forward regarding Wells PORTFOLIO loans:
"Hello,
If you are receiving this email, I currently am working on your short sale file or have worked on your file in the past few months. PLEASE READ THIS WHOLE EMAIL AND FORWARD TO ANY PARTIES WHO MAY BE WORKING ON A SHORT SALE FOR WELLS FARGO.
Due to recent industry changes, we at Wells Fargo will no longer be granting any extensions for short sale close dates or postponing foreclosure/trustee sale dates. If you were issued an extension letter dated 9/14 or earlier, those extension letters will be honored, but no further extensions will be granted. Files must close by expiration date on the original approval letter or they will be removed. If your approval expires 9/15 or 9/16, you will have 48 hours to get me the final HUD for approval and close.
Please let me know if you have any questions! Thank you!
Timothy A. Williams
Wells Fargo Home Mortgage Liquidation
7745 Office Plaza Dr. North
MAC X2409-01F
West Des Moines, IA 50328
ph: 877-279-0650 ext: 3137"
These emails are investor specific and are not Wells Fargo policy. This was confirmed by the VP at Wells short sale department. This is not a blanket policy at Wells Fargo.
Kylee Roe said:I just received this email forward regarding Wells PORTFOLIO loans:
"Hello,
If you are receiving this email, I currently am working on your short sale file or have worked on your file in the past few months. PLEASE READ THIS WHOLE EMAIL AND FORWARD TO ANY PARTIES WHO MAY BE WORKING ON A SHORT SALE FOR WELLS FARGO.
Due to recent industry changes, we at Wells Fargo will no longer be granting any extensions for short sale close dates or postponing foreclosure/trustee sale dates. If you were issued an extension letter dated 9/14 or earlier, those extension letters will be honored, but no further extensions will be granted. Files must close by expiration date on the original approval letter or they will be removed. If your approval expires 9/15 or 9/16, you will have 48 hours to get me the final HUD for approval and close.
Please let me know if you have any questions! Thank you!
Timothy A. Williams
Wells Fargo Home Mortgage Liquidation
7745 Office Plaza Dr. North
MAC X2409-01F
West Des Moines, IA 50328
ph: 877-279-0650 ext: 3137"
© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.