Wells Fargo Short Sales

Information

Wells Fargo Short Sales

Wells Fargo and ASC (America's Servicing Company)

This group is for information, tips and solutions for Wells Fargo short sales.

Members: 1439
Latest Activity: Sep 12, 2020

Wells Fargo Short Sale Information

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Wells Fargo Short Sale Info and Items Needed

Wells Fargo Short Sale Dept 1-866-903-1053    (see below for ASC forms)
Short Sale FAX 1-866-969-0103
Letter of Authorization Fax 1-866-917-1877

Mortgage Servicing 1-877-841-5301.

Wells Fargo Line of Credit Division 866-961-6861 or 866-970-7821

Third Party Authorization: 866-917-1877 (fax)
Fax: 866-834-7850 or 866-834-7949

Email format Firstname.MiddleInitial.Lastname@wellsfargo.com
OR Firstname.Lastname@wellsfargo.com

ESCALATION DEPARTMENT 866-605-0829

Wells Fargo Executive Offices:  800-853-8516

Discussion Forum

Violation to Receive Additional Funds

Started by Kay VanKampen. Last reply by Brett Goldsmith Oct 8, 2019. 2 Replies

Investor denial

Started by Angie Fraguas. Last reply by Brett Goldsmith Jul 11, 2018. 3 Replies

Hit a wall, can we still escalate to Executive offices?

Started by Sam Hague. Last reply by Dean E Eshelman, CPA, CDPE, IRES Jun 13, 2018. 1 Reply

Comment Wall

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Comment by Bryant Tutas on July 25, 2009 at 2:22pm
Bud, My experiences with Wells Fargo have been very good. They're quick. My last Wells Fargo listing they actually ordered the BPO as soon as I sent over the Letter of Authorization (LOA) and within days of that gave me a price they would accept. Time of listing to closing was just above 60 days!!! Congrats on your 1st Short Sale.
Comment by Wendy Rulnick on July 25, 2009 at 12:36pm
You're welcome, let us know how it goes!
Comment by Wendy Rulnick on July 25, 2009 at 12:23pm
Hi Bud - I think it is ok you had the listing date on the form, I do that, too. I just don't enter a price. I do wait until I get the signed listing back to proceed, though. If you get a contract, you might be ahead of the game to include the documents above signed and dated by all required parties.
Comment by Wendy Rulnick on July 25, 2009 at 11:28am
Bud, I would just hurry up and get the docs! If you are saying you don't even have all the listing documents back, I would ask them to fax today or tomorrow...
Comment by Wendy Rulnick on July 25, 2009 at 11:13am
Wells Fargo typically pays junior lien up the lesser of $3000 or 10% of the loan balance.
 

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