Just called Chase today to check status on short sale package and was advised that my Authorization letter had to be sent to the Fraud Department to be checked and it would take 24 to 48 hours to…Continue
Would love to chat with you regarding NationStar/Auction.com help. I sent you an email about it earlier.
Looking forward to touching base with you soon. I will give you a buzz or feel free to call me as well.…"
"I have been working on a short sale with Nationstar for over 2 years, and we finally submitted an offer that was very close to their counter offer and the negotiator was ready to submit to investor, when Auction.Com stepped in and started their…"
"I am working with one right now but the loan has to be a portfolio loan. The attached is the form provided to me but incentives are not written on the form. This loan was originally a portfolio loan with Wachovia and Wells bought…"
I have a realtor who swears that Wells Fargo is offering an incentive program to the seller similar to the one being offered by Bank of America. I called several offices of Wells Fargo and all have responded that there is currently no incentive program available to sellers. Anyone know of any incentive program currently being offered by Wells Fargo in Florida?See More
I have done other short sale transactions with AHMSI, however, I submitted one recently and was told by the negotiator that I had to have a approval letter from the second lender before they will review their file. Is this new? See More
If you are having problems with negotiator at Aurora you can call 866-420-3167 and let them know what the issue is and they will follow up for you. This is the Executive Office for complaints. The person I spoke with had access to the file and was able to see what was going on and determined that it needed to be forwarded to the Manager. Hopefully, this will help me move this file forward. See More
"Yes, that is correct and while you're right there is not a persay guideline that's what your are going to find out with Fannie Mae as well. It's $6000 or 6% UPD and that's it as I've been working through the issue as well.…"
Working on short sale with GMAC with a second to Bank of America. The second with Bank of America is around $47000.00 and GMAC has agreed to pay $2820 which is 6% of the unpaid principal balance. Bank of America wants approx $11000..00 because there is MI. The seller is willing to pay approxi 6800 toward the $11000.00, but GMAC that it violated Fannie Mae guidelines of May 25, 2011. Says that this guideline says that buyer/seller/realtor cannot pay more towards second mortgage.I checked the…See More
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