That was quite awhile ago. It was a struggle. I called many internet search finds looking for highest level folks related to US Bank. One call led to "success" but not sure which. A secretary in a different…"
Do you recall who you talked with? I can't get anywhere with a file that for 10 months has a cash offer that meets net. It's been in "underwriting" stage for a month and I can't get anyone to give me…"
"Mine took about over one year to receive the approval. We got denied at the very beginning and recently just received approval notice. Both 1st and second waive their deficiency and they even gave sellers $3000 incentives. It's a long battle I…"
" Processing with US Bank is the task of ensuring that all the documents needed are gathered for sending to the negotiator. This means they also have the BPO report back. (Multiple re-sends of docs they already have)
"A processor is person who gathers all SS documentation required by the mortgage Company to provide to a negotiator. The negotiator will check delegations (what type of workout the investor may allow with particular type of loan). Once, the…"
"My case is not FHA file. US bank itself investor in this case. The relationship manager is using term "Short Sales Management" for final decision. It might be another term for underwriting , I do not know.
My BPO was…"
" I am in 4 month of this transaction. Submitted packed, HUD and BPO has been done (6/21). Thirty days ago the relationship manager told us that file has been forward to management for final approval. Is this underwriting stage? Any experience…"
"We were told 30 days ago that our file has been forwarded to management for final approval (after BPOs and all other stuff). What is this stage? Is the management underwriting stage or some other stage?"
"Our relationship agent is telling us that file is with management for final approval. Is it underwriting stage or different stage? We are approximately 30 days out with no response at this time. The relationship agent told us that it can take upto…"
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