Selinda Kennedy-Bryant
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***FANNIE MAE REP RUINED BOA SHORTSALE_FORECLOSURE SALE FRIDAY 2/13/2015!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Started this discussion. Last reply by Smitty Feb 18, 2015. 5 Replies

Hello Superstars, where can I go to for help? This is the message I submitted to the CEO of FAnnie Mae via social media, but I am not sure how soon he will see it. What would you do?Hello Mr…Continue

*FHA and WElls Fargo-Invalid Aproval to Participate-ZERO SHOWINGS!! WHat do I do???

Started this discussion. Last reply by Selinda Kennedy-Bryant Feb 11, 2015. 10 Replies

Help! I am working a short sale and I am stuck with a super ridiculously high appraisal and Approval to Participate price of 165K! The price of the property was periodically reduced starting from…Continue

 

Selinda Kennedy-Bryant's Page

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Selinda Kennedy-Bryant joined Wendy Rulnick's group
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Chase

Working with all divisions of Chase. Share tips, stories, reference info!This group is for information, tips and solutions for Chase short sales.See More
Dec 6, 2016
Selinda Kennedy-Bryant replied to Selinda Kennedy-Bryant's discussion ***FANNIE MAE REP RUINED BOA SHORTSALE_FORECLOSURE SALE FRIDAY 2/13/2015!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
"HI Smitty, my issue was particularly regarding the foreclosure sale not being postponed-if they want the higher money they should postpone the sale. It took much effort and much complaint, but Fannie Mae finally took the reigns and put in for the…"
Feb 16, 2015
Selinda Kennedy-Bryant replied to Selinda Kennedy-Bryant's discussion ***FANNIE MAE REP RUINED BOA SHORTSALE_FORECLOSURE SALE FRIDAY 2/13/2015!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
"Thank you Brett, Fannie Mae shifts the responsibility off to BOA and vice versa. They now have me going through a tedious quality assurance with the higher offer but with no guarantees of postponement unless they have a full approval. We never…"
Feb 12, 2015
Brett Goldsmith replied to Selinda Kennedy-Bryant's discussion ***FANNIE MAE REP RUINED BOA SHORTSALE_FORECLOSURE SALE FRIDAY 2/13/2015!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
"Keep pushing. Escalate with Fannie Mae and Bank Of America. Go above Christopher Redburn. What is Fannie Mae saying to issuing a postponement request? [email protected] 310-564-6389 www.ishortsalenow.com"
Feb 11, 2015
Selinda Kennedy-Bryant replied to Selinda Kennedy-Bryant's discussion *FHA and WElls Fargo-Invalid Aproval to Participate-ZERO SHOWINGS!! WHat do I do???
"**FANNIE MAE REP RUINED BOA SHORTSALE_FORECLOSURE SALE FRIDAY 2/13/2015!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Posted by Selinda Kennedy-Bryant on February 11, 2015 at 4:03pm in Short Sale Discussions View Discussions Hello Superstars,…"
Feb 11, 2015
Selinda Kennedy-Bryant replied to Selinda Kennedy-Bryant's discussion *FHA and WElls Fargo-Invalid Aproval to Participate-ZERO SHOWINGS!! WHat do I do???
"Arrgghh, apparently this practice is still going on several years later!!! I have one that Fannie Mae severly ruined and now it may go to foreclosure in two days!!"
Feb 11, 2015
Selinda Kennedy-Bryant posted a discussion

***FANNIE MAE REP RUINED BOA SHORTSALE_FORECLOSURE SALE FRIDAY 2/13/2015!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Hello Superstars, where can I go to for help? This is the message I submitted to the CEO of FAnnie Mae via social media, but I am not sure how soon he will see it. What would you do?Hello Mr Mayopoulos,I apologize for addressing this via social media however I have no idea of what else to do. Fannie Mae accepted a short sale offer of 125K via homepath for a property with a foreclosure sale date of 2/13/15. For 8-9 months Bank of America and Fannie Mae has sat on an inflated value of 168K. Out…See More
Feb 11, 2015
Kevin - Greenville, SC replied to Selinda Kennedy-Bryant's discussion !!Help!! Is it true that FHA will not Alllow FHA Buyer to pay negotiating fee?? in the group Help Me!
"You may want to look at the FHA Origination and Underwriting Guidelines to see if those type of fees are allowed to be charged to the Buyer.  My guess would be no."
Feb 12, 2013
Selinda Kennedy-Bryant replied to Selinda Kennedy-Bryant's discussion !!Help!! Is it true that FHA will not Alllow FHA Buyer to pay negotiating fee?? in the group Help Me!
"Thanks so much Kevin, I'm going to use that sheet for my fha shortsales. In this case though, only the buyer is fha, not the short selling loan."
Feb 11, 2013
Kevin - Greenville, SC replied to Selinda Kennedy-Bryant's discussion !!Help!! Is it true that FHA will not Alllow FHA Buyer to pay negotiating fee?? in the group Help Me!
Feb 11, 2013
Selinda Kennedy-Bryant added a discussion to the group Help Me!
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!!Help!! Is it true that FHA will not Alllow FHA Buyer to pay negotiating fee??

Hi Everyone,I have a short sale I am processing and my short sale company does short sales for a fee. The buyer is switching to a 203K instead of a conventional loan because thr conventional appraiser called for repairs to be done. The Buyers loan officer told me that is is an FHA rule that the buyer cannot pay a short sale negotiating fee! Does anyone else know for certain if this is accurate? Also, in my paperwork it is actually called a processing fee-should that make a difference? Thanks!!See More
Feb 11, 2013
Selinda Kennedy-Bryant liked Wendy Rulnick's group Help Me!
Feb 11, 2013
Selinda Kennedy-Bryant replied to Tara Samney's discussion Banks giving Short Sales to Agents? in the group Help Me!
"Yeah, it seems to be a new thing-I know Bank of America was doing that to some extent.  "
Jan 10, 2013
Selinda Kennedy-Bryant replied to Tara Samney's discussion Banks giving Short Sales to Agents? in the group Help Me!
"Hi, I don't know all the details about when the banks give the listings to the agents-but I do know that if the house is vacant often times the bank will do Property Preservation-winterizing and securing the property against vandals and that…"
Jan 10, 2013
Marcy Spieker replied to Selinda Kennedy-Bryant's discussion *FHA and WElls Fargo-Invalid Aproval to Participate-ZERO SHOWINGS!! WHat do I do???
"I agree with Diane- -definitely meet the appraiser there.  We may do everything today by technology but good ol' face to face is still very important in certain situations.  Make certain the appraiser is aware of the deficiencies in…"
Nov 11, 2012
Mike Rizzo replied to Selinda Kennedy-Bryant's discussion *FHA and WElls Fargo-Invalid Aproval to Participate-ZERO SHOWINGS!! WHat do I do???
"Fannie Mae is doing the exact same thing with outrageous required prices.  It does not matter what the appraisal actually comes in at.  Fannie Mae has been adding 20-30% to everything.  There is interest in doing a story or two on…"
Nov 11, 2012

Profile Information

First Name
Selinda
Last Name
Kennedy-Bryant
Are you a...
3rd Party Negotiator
State
Pennsylvania
City
Philadelphia
My Profile
I am a short sale negotiator and an an agent.

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