Andrew Coppo
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Bank of America Files Mysteriously Vanish in Equator

Started this discussion. Last reply by William F Griffin Jr Apr 12, 2012. 4 Replies

Anyone else have this happen? I lost five files over the weekend without any notice or explanation. Even my negotiators cannot tell me why the file "disappeared." Due to what BOA calls a "glitch" in…Continue

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Andrew Coppo's Page

Latest Activity

Andrew Coppo joined James ferebee jr's group
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OCWEN

Ocwen short sale informationThis group is for information, tips and solutions for OCWEN short sales.See More
Sep 26, 2013
Andrew Coppo joined Maya Thomas's group
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Specialized Loan Services LLC

Incredibly nice and accessible people. Contact was Monica phone (800) 306-6059 fax (720) 241-7526 SLS Customer Resolution.See More
Aug 29, 2013
Andrew Coppo joined Jason Yacoub's group
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M&T Bank

M&T Bank  Short Sale Home Assistance deptseller must call 800-724-1633 for financial interview for House hold income and expenses Fax third party authorization first to 716-848-3748See More
Apr 17, 2013
Andrew Coppo joined Bryant Tutas's group
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Real Time Resolutions

Real Time Resolutions Short Sale InfoSee More
Mar 18, 2013
Andrew Coppo replied to Louise Dela Cruz's discussion Bank of America and servicelink in Equator in the group Bank of America Short Sales
"I've worked with ServiceLink before. They are the typical 3rd party loan sevicer. They lose documents, request the same items multiple times, and charge a 1% processing fee (5% commission). This was prior to the Fannie/Freddie servicing…"
Mar 1, 2013
Andrew Coppo replied to Ken Ryan's discussion Fannie Mae Valuation - Call update
"Yes, Becky. Fannie has the same guidelines. See below.  Mortgage Insurer Approval for Standard Short Sale/HAFA II and Deed-in-Lieu of Foreclosure Servicing Guide, Part VII, Section 604.04: Discussing the Sale With the Mortgage Insurer and…"
Jan 16, 2013
Andrew Coppo replied to Ken Ryan's discussion Fannie Mae Valuation - Call update
"Under the new servicing guidelines, Fannie Mae obtained delegations of authority so that servicers can more efficiently process short sale requests without the need to obtain mortgage insurer approval on individual mortgage loans. Although I…"
Jan 15, 2013
Andrew Coppo replied to Ken Ryan's discussion Fannie Mae Valuation - Call update
"Thank you for the update, Ken.  I agree that it is a Fannie Mae problem and not the servicers. Each lender/servicer I have dealt with regarding a valuation issue has stated that it is a known problem and one they are working to resolve. On a…"
Jan 9, 2013
Andrew Coppo joined Mori Langshaw Sr's group
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Reverse Mortgage Short Sales

If you have a client that has done a reverse mortgage and now needs to short sale, this is the groupSee More
Dec 10, 2012
Andrew Coppo replied to Bryant Tutas's discussion 7 Tips To Help Ensure The Short Sale Buyer Stays On Board
"Here in Massachusetts, my agents use a short sale offer addendum which obligates the buyer to remain a party to the transaction during the short sale approval process. If the seller is making the commitment to take the property off of the market and…"
Dec 6, 2012
Andrew Coppo joined DanaVoelzke's group
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CCO Mortgage

A division of RBS- Royal Bank of Scotland. Being bailed out by the UK Govt. Loss Mitigation tel. (877) 745-7366 Loss Mit Fax (888) 777-1631 Alternative Fax 888-999-6317 3rd party auth. fax ((888) 999-1834 Email: [email protected]See More
Jun 19, 2012
Kevin - Greenville, SC replied to Andrew Coppo's discussion FHA Approval- Deficiency language in the group FHA - HUD Short Sales
"How potential deficiency's are handled are covered in Mortgagee Letter 2008-43. Pre-Foreclosure Sale IntroductionThe Pre-Foreclosure Sale (PFS) option allows mortgagors in default (resulting from an adverse and unavoidable financial…"
Apr 25, 2012
Andrew Coppo added a discussion to the group FHA - HUD Short Sales
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FHA Approval- Deficiency language

I have an FHA short sale conditional approval letter. The lender, CHASE, is telling me that they cannot include deficiency waiver language per the HUD FHA guidelines. Can anyone confirm or disprove this "policy?" Thanks, Andrew N Coppo Greater Boston Short Sales, LLChttp://closingtableblog.com/See More
Apr 25, 2012
Andrew Coppo joined Stephanie Lim's group
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FHA - HUD Short Sales

HUD rules for FHA short sales, tips, experiences, etc.Fax LOA:  918-236-3274PH 877 622-8525See More
Apr 25, 2012
William F Griffin Jr replied to Andrew Coppo's discussion Bank of America Files Mysteriously Vanish in Equator
"Its happened more than once to me. Before I upload I select the entire page and print it out and keep it in the file. I open the property files and print the page also so I have proof of what I have uploaded when the file dissapears and they tell me…"
Apr 12, 2012
Keri Sweetland replied to Andrew Coppo's discussion Bank of America Files Mysteriously Vanish in Equator
"Use the BOA twitter for this one...they can get an escalation open, a supervisor on it and even though you will have to reinitiate and go throught he task process, the supervisor will work with you on these files for the day (yes you will spend a…"
Apr 11, 2012

Profile Information

First Name
Andrew
Last Name
Coppo
Are you a...
3rd Party Negotiator
State
MA
City
Boston
My Profile
Massachusetts' leading short sale negotiator. We assist buyers,sellers, real estate agents, and attorneys with getting their short sales closed. We have the expertise to get your short sale to the closing table.

http://www.closingtableblog.com

Andrew Coppo's Blog

What Are The Tax Consequences Of A Massachusetts Short Sale

Posted on February 13, 2012 at 8:20am 0 Comments

As tax season approaches, and more importantly, the expiration of the Mortgage Debt Relief Act of 2007, it is important to review the tax consequences…

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Five Buyer's Agent Tips To Ensure Short Sale Approval

Posted on November 30, 2011 at 5:52pm 0 Comments

Getting a short sale approved is no easy task. Buyers can, and do, walk away if they feel the transaction is taking too long. Mortgage insurance companies frequently demand unreasonably high contributions from the seller, thus killing the deal. Servicing rights can be transferred to a new lender mid-…

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Five Listing Agent Tips To Ensure Short Sale Approval

Posted on September 23, 2011 at 2:36pm 1 Comment

 

According to a recent report by California based RealtyTrac, distressed properties accounted for one third of all US housing sales in the second quarter of 2011. The glut of inventory is only going to increase as lenders slowly bounce back from the robosigning crisis and foreclosure…

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FTC MARS Exemption: Good Or Bad For Short Sale Agents?

Posted on July 29, 2011 at 7:18am 2 Comments

The Federal Trade Commission (FTC) recently issued a statement that it would no longer enforce several provisions of the widely scrutinized Mortgage Assistance Relief Services (MARS)…

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