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M&T Bank

Skip Navigation LinksM&T Bank  Short Sale Home Assistance dept

seller must call 800-724-1633 for financial interview for House hold income and expenses 

Fax third party authorization first to 716-848-3748


Website: https://www.mtb.com/customerservice/Pages/AlternativeMortgageandHomeEquityRepaymentSolutions.aspx
Location: 8180 GREENSBORO DRIVE STE 500 MCLEAN , VA 22102 .
Members: 81
Latest Activity: Jul 11

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Discussion Forum

Principal Balance Reduction

Started by Paula Bachman Mar 23. 0 Replies

Has anyone been successful in getting a principal balance reduction with M&T Bank? Continue

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Comment by Sharon Alters, CDPE, GRI on November 20, 2013 at 11:03pm

We have a short sale that was sold to M&T Bank in July from Bank of America. They say they are waiting to receive the appraisal and review it and this could take another week. The person handling the file said they had to order another appraisal. Color me frustrated. Does anyone have any insight into this Bank and how they operate their short sales? I'm guessing the old appraisal needed updating, but this one has been so slow it makes Wells on Equator look fast.

Thanks,

Comment by Jay Sommer on November 19, 2013 at 2:11pm

Need a M&T SS pckg, If any1 has it and can email it to [email protected] would be greatly appreciated

 

Comment by Jim Stewart on November 8, 2013 at 6:44am

Guerry,

I finally got a little movement last week.  They at least requested some updated info but I haven't heard anything since.  I'm not holding my breath.  If I don't have something by Monday I'll be calling HUD.

Comment by Guerry Clegg on November 7, 2013 at 1:17pm

Jim, Any progress? I'm just starting one with them. 

Comment by Jim Stewart on October 21, 2013 at 1:44pm

Jennifer, M&T told me they had all of the documents. They said the only thing I had to send was an updated HUD which I did. Problem is, the negotiator hasn't done anything with the file. How did you get your approval? Did you just go through the single point of contact or did you escalate beyond that person? Mine just keeps saying "the negotiator hasn't made any comments on the file". She said today that she was emailing her boss but she said she was emailing the negotiator a couple of weeks ago.  No response. Imagine that.

Comment by Jim Stewart on October 21, 2013 at 1:41pm

Nolberto, the SSSS system said I had to be "friends" with you to send a message. I sent the request so you'll have to approve it.

Comment by Jennifer Hastings on October 21, 2013 at 1:29pm

Jim,

Mine was transferred from BAC Aug 2nd short sale was finally approved 10-14

You will have to fax M & T directly the complete short sale package and keep calling

Comment by Nolberto on October 21, 2013 at 1:28pm

Jim,

I have a very similar scenario. I had to escalate and thank God I got a hold of SVP. E-mail me please privately to send you the contact info.

Regards,

Comment by Jim Stewart on October 21, 2013 at 12:27pm

Have an FHA short sale that was sold to M&T by Bank of America in early August. ATP was issued by BofA and offer submitted to BofA before the sale. Now M&T is doing nothing. No new notes have been added to the file since the negotiator was assigned two months ago.  Anybody else having similar problems or have any suggestions? This is my first adventure with M&T.

Comment by Pattilynn Guilford on October 7, 2013 at 7:39am

Coleen .. there is an M & T workout pkg. I tried to upload it but it was rejected. Msg me your email.

 

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