Darren Bell
  • Male
  • Melville, NY
  • United States
  • New York
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Darren Bell's Discussions

FHA/HUD short sale

Started this discussion. Last reply by Venita Jefferson Feb 12. 6 Replies

Has anyone been running into more and more problems with fha shorts. 1st it was house is not marketable, now its borrower is over 40 payments past due. What is going on?

Wells Fargo "failed quality review"

Started this discussion. Last reply by Darren Bell Jul 15, 2016. 2 Replies

Has anyone recently having any problems with wells fargo lately. I use to love getting Wells deals, but within the last couple of months they have been impossible to deal with. Most recently, I had…Continue

Tags: quality, review, failed, sale, fargo

Wells Fargo "failed quality review"

Started this discussion. Last reply by Darren Bell Jul 4, 2015. 2 Replies

Has anyone recently having any problems with wells fargo lately. I use to love getting Wells deals, but within the last couple of months they have been impossible to deal with. Most recently, I had…Continue

Tags: quality, review, failed, sale, fargo

hubzu and auction.com

Started this discussion. Last reply by Jill Schappel Sep 11, 2014. 6 Replies

Been hearing from sources that some brokers have found a loophole in getting around both. Anyone?

 

Darren Bell's Page

Latest Activity

Venita Jefferson replied to Darren Bell's discussion FHA/HUD short sale
"Back and forth with FHA for years (yes, years - seven to be exact including bankruptcy, litigation and letter to CEO and all officers of lender); last go 'round they gave me a value which was way over the real value of house; after I objected,…"
Feb 12
Jorge Vega replied to Darren Bell's discussion FHA/HUD short sale
"Darren,    You may have already got this under control but should you ever need any assistance with an FHA short sale , contact Novad Management Consulting to open up a HUD ticket. From My experience there is nothing that can be done…"
Feb 3
Darren Bell replied to Anthony's discussion Rushmore Financial Service
"Rushmore has taken over a ton of NPL's recently. Generally they are not very negotiable and will stick to the price"
Jul 27, 2016
Darren Bell replied to Ismael Medina's discussion FHA Short Sale - Citi using Subject to Value for Counter
"Hate to be the bearer of bad news. You are most likely wasting your time on this short sale. Even if you accept the 112K, HUD will most likely deny the variance because the property is not marketable"
Jul 19, 2016
Darren Bell replied to Darren Bell's discussion Wells Fargo "failed quality review"
"have not yet."
Jul 15, 2016
John replied to Darren Bell's discussion Wells Fargo "failed quality review"
"I just had the same issue myself. Did you ever figure out a solution?"
Jul 15, 2016
John liked Darren Bell's discussion Wells Fargo "failed quality review"
Jul 15, 2016
Darren Bell replied to Darren Bell's discussion FHA/HUD short sale
"BSI is terrible to deal with.  There short sale process is easy, but when it comes to value, they set their own prices, worse than Fannie Mae."
Jun 17, 2016
Darren Bell replied to Darren Bell's discussion FHA/HUD short sale
"I have spoke to HUD as well.  They tell me nothing can be done and that a short sale is for people who just become late and that the borrower shouldn't wait til they are 75 months past due to do a short sale.   One day HUD will wake…"
Jun 17, 2016
Brett Goldsmith replied to Darren Bell's discussion FHA/HUD short sale
"Hey Darren! We have had 5+ files closed out with FHA due to extreme delinquency. They are cracking down big time on 36+ month behind accounts and so far, it has killed all the deals despite numerous escalations to HUD, we even spoke to a director…"
Jun 17, 2016
Darren Bell posted a discussion

FHA/HUD short sale

Has anyone been running into more and more problems with fha shorts. 1st it was house is not marketable, now its borrower is over 40 payments past due. What is going on?
Jun 15, 2016
Darren Bell replied to Darren Bell's discussion Wells Fargo "failed quality review"
"Yeah I get the same thing. Im going to restructure it as well"
Jul 4, 2015
Darren Bell posted a discussion

Wells Fargo "failed quality review"

Has anyone recently having any problems with wells fargo lately. I use to love getting Wells deals, but within the last couple of months they have been impossible to deal with. Most recently, I had four deals fail quality review. No one can give me answers. Any help appreciated...
Jul 1, 2015
Brett Goldsmith replied to Darren Bell's discussion Wells Fargo "failed quality review"
"Usually when a file files Quality Assurance the files becomes flagged. You won't be able to find out why if it failed audit. At times I can find out a little from my contacts and it usually comes in the form of "restructure the deal".…"
Jun 30, 2015
Tony Morales replied to Darren Bell's discussion Auction.com in the group NationStar Mortgage
"I doubt that that letter will scare Nationstar  They do not care. They have enough attorneys to reply to any action that is filed. The pressure needs to come from the CFPB and even with that Nationstar will only get a fine. Are you going to…"
Oct 15, 2014
Kim Wennerberg replied to Darren Bell's discussion Auction.com in the group NationStar Mortgage
"Thank you, Maile, for posting this letter. I'll use it as a template to work with the new auction.com - homesearch.com!"
Oct 1, 2014

Profile Information

First Name
Darren
Last Name
Bell
Are you a...
Agent
State
New York
City
Melville
My Profile
I am an Licensed Realtor here on Long Island. I do nothing, but negotiate short sales.

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