FHA Approval to Participate Letter Valuation Too High - How to Challenge?

Started this discussion. Last reply by Bryant Tutas Mar 2, 2016. 5 Replies 0 Likes

Hi Everyone -I got in an FHA Approval to Participate letter in which the valuation on the property is too high.  In fact, we are listed at 15K less than the appraised value for the ATP and can barely…Continue

Tags: Authorization, Participate, to, Approval, ATP

Fannie Not Giving Anti-Deficiency Releases In Anti-Deficiency States?? (PHH)

Started this discussion. Last reply by Smitty Feb 8, 2012. 9 Replies 0 Likes

Howdy Folks - I have a file I am trying to escalate - PHH Mortgage / Fannie has approved a certain short sale.  However, glaringly missing from the approval letter is any release of future pursuit of…Continue

Short Sale Approvals with Seller isn't Delinquent

Started this discussion. Last reply by William F Griffin Jr Mar 2, 2012. 62 Replies 0 Likes

Howdy Folks - Just curious if anyone is seeing short sale approvals when the seller isn't delinquent.  We just did one, but the seller was military and being transferred out of country.  Most…Continue

Tags: on, payments, behind, delinquent, not