Comment

Comment by Kevin - Greenville, SC on March 15, 2011 at 4:45am

Very interesting Wendy.  I've been told over and over by Wells Fargo that they will not accept electronic signatures....

Comment by Jeremy Eide on March 15, 2011 at 4:44am

GOOD NEWS!!  apparently WF's rule of only 2 ext isnt true!!  in the last hour last friday, I used the awesome jigsaw.com and got a hold of about 16 executives including my favirote: Mindy Engibous   Escalation Liaison

Liquidation ER (Escalation Resolution)

she made it possible and now i have the ext i need, and we are closing next week!!

Lesson learned:  dont give up even after the third NO!  This is the outback!!  We make our own rules!

Comment by Kyle Souza on March 15, 2011 at 4:38am

yesterday I was told that legal wouldn't accept my authorization as the whole ss number was on it, not just the last 4!?!?!

Comment by Wendy Rulnick on March 15, 2011 at 4:28am

New one from Wells Fargo.."Our department has received new compliance instructions. Read only copies of documents for blurry signed documents are no longer allowed by our investor. Please consider getting electronic signatures on a clear copy of the blurry documents and sending in .pdf format."

Comment by Jeremy Eide on March 10, 2011 at 11:59am

escalation contacts for last minute need of a third approval ext???  anyone have a contact that has some common sense?

Comment by Jessika Zaragoza on March 8, 2011 at 2:21pm

Here is a new one for you all...

I just recieved the Short Sale approval letter from ASC WF who holds the junior lien. In the pay off amount of $8k. When we never negotiated for $8K. I let the negotiator and all the managers know that the Senior is only paying $5k which is more than some Seniors offer. They state that is all the investor will approve. I CC everyone  I could plus all their managers for a resolution. Now I am locked out of secure emails. What the...

 

anyone have solutions to similiar situations?

Comment by justin.hanke on March 8, 2011 at 7:40am

Working with Wells Fargo for the second time. First time was a breeze, but that was nearly a year ago. This time around, they are being huge pains with this FHA/HUD PFS short sale. They are asking for the second lienholder (BofA HELOC) to approve a short payoff of the $2500 as allowed by FHA PRIOR TO ISSUING ATP! In the past, we always got ATP where they told us their minimum net and once we got an offer, we'd work with the second lienholder and send them to ATP and they'd approve the $2500 payoff. Anyone else having this problem? BofA won't agree to the $2500 payoff without ATP.

Comment by jennifer mullen on March 7, 2011 at 2:17pm

They changed their rules in November to only allow 2 extensions.  I had one fall apart in December where the second was WFHE and they still refused to extend.  Not my favorite bank... 

Comment by Jeremy Eide on March 7, 2011 at 1:43pm

OK, I have'nt had any problems with WF before, but after working with them to approve a short sale, and 2 approval extentions while we had to wait for the 2nd (SLS) to play along.  we have to request 1 last ext for about 15 days and our neg said NO!  Absolutely not!  So, when they are getting top dollar for this property, and i have been holding the seller off from filing BK for weeks WF dosnt want to give me an ext for 15 fricken days!!  Does anyone have some good corporate emails or PH #'s???  i need to take this to the next level ASAP!!

Comment by AMY GERRISH on March 7, 2011 at 7:08am

Anyone having issues faxing to the 866-969-0103 number? I haven't been able to get anything through in days.

 

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