"Hello, I had the same thing happen, after the 120 day period had expired due to stalled negotiations on a 3rd lien. We called back in and were able to do the verbal interview to qualify for the CO-OP program again and eventually did close the…"
"I asked my Wells Fargo contact when I received the same message, they told me if the owner is current they always reject it for full payoff. They told me to resubmit once the owner was missing payments."
"Hi, I'm emailing you a second deal same issue with GT and Fannie Mae. They countered to $128K, we submitted addendum. Fannie Mae just declined asking for net of $166K, foreclosure date is 2/4/13. Thanks!"
"I'll assume the valuation dispute was rejected by FNMA since they all are no matter how ridiculous the BPO and complete the dispute package. They apparently just want to own and hold them hoping for appreciation and if none,…"
"Freddie has been notoriously doing this. I would bet it's not Wells at all but Freddie that is the problem here. We haven't been able to acertain what the issue is with them or why exactly they are forcing high values down our throats on…"
"I know how you feel.. I just lost 3 short sales as Fannie Mae did the same thing.. I have tried to dispute what there values are and even turned in my own BPO and they still wont listen to us listing agent.. This has been the most frustrating week..."
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