Seth Russell
  • Male
  • Portland, OR
  • United States
  • OR
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Seth Russell's Friends

  • Tyra General
  • Wendy Martin
  • Jim Schneider

Seth Russell's Discussions

US Bank..Escalation Help..

Started this discussion. Last reply by Tyra General Jun 14, 2013. 11 Replies

Hello everyone,I noticed there hasn't been much recently about US Bank on this post so I'm throwing a line out for assistance.We have one loan (USB..not FHA/FNMA/FMAC) and I filed our contract last…Continue

WELLS FARGO-Seller informed a 1099C wont be issued?...it was his Primary Residence..MI Issue?

Started this discussion. Last reply by Kevin - Greenville, SC Mar 20, 2013. 6 Replies

I was recently approached by a past client who informed me that the short sale of his primary residence in 2012 was not going to receive a 1099C from Wells Fargo..BTW-this was a Fannie Mae backed…Continue

Tags: Primary, Residence, Fargo, Wells, 1099C

 

Seth Russell's Page

Latest Activity

Seth Russell replied to Wendy Martin's discussion Home Street Bank??
"Spoke with HomeStreet Bank...All Short Sales are processed by David Banks...extremely friendly guy. #206-515-4012"
Dec 9, 2014
Seth Russell commented on Bryant Tutas's group SunTrust Mortgage
"Has anyone had any success filing a complaint with Fannie Mae against Suntrust recently? Suntrust has been a huge obstacle for the last 8 months and they are now pressing for a DIL...We submitted an offer 2 weeks ago that meets their last known net…"
Feb 25, 2014
Seth Russell replied to Jack Barry's discussion original countrywide in the group Bank of America Short Sales
"Brian, Having never performed a Co-Op short sale...In this case, will BofA determine List Price and Listing Commission? We have a Countrywide-now-BofA loan..I just want to make certain we give our best effort if there's money on the table for…"
Jan 15, 2014
Seth Russell replied to Tony and Robin Pickett's discussion Buyer's appraisal less than FHA PFS appraisal?
"Send a copy of the buyers recent appraisal to your Negotiator..its really the only method to defeat the inflated FHA Appraisal. Good Luck! Seth"
Oct 23, 2013
Seth Russell replied to Stacy Magid's discussion Fannie Mae Escalation Came back with Higher Price in the group Fannie Mae
"Stacy..I completely sympathize with your dilemma..I also have a F/Mae sale with Suntrust who informed me a week ago of their counter offer - that the price had to be $191,000..our listing since June has been $179k-commensurate to other sales in the…"
Oct 2, 2013
Seth Russell joined Bryant Tutas's group
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Fannie Mae

Information to assist with Fannie Mae Short SalesSee More
Oct 2, 2013
Seth Russell replied to Sheyenne Schultz's discussion Thoughts on Fannie Mae's Homepath ShortSale Escalation portal! Are your overpriced counters getting resolved? yes or no
"..You will love this one..Last week I was informed via my contact at Suntrust that the F/Mae's August Appraisal came in at $191k..our list price is $179k is still appropriate to the area so I contested this on HomePath..what a colossal waste of…"
Sep 30, 2013
Seth Russell posted a status
"Thanks to Kevin for this update.. not widely known and the Making Home Affordable website isn't current..Thanks Kevin very much appreciated."
Sep 25, 2013
Seth Russell replied to Seth Russell's discussion Nationstar Commissions..Private Investor in the group NationStar Mortgage
"Update: Nationstar is servicer for Bank NY-Mellon..different standards for settling include a reduced commission to 5% and no payment for Seller Title Policy- this violates Oregon law and a RESPA violation per our title officer. HAFA?...great…"
Sep 16, 2013
Kevin - Greenville, SC replied to Seth Russell's discussion Nationstar Commissions..Private Investor in the group NationStar Mortgage
"Seth, HAFA doesn't apply to Fannie and Freddie, FHA or VA. The only Loans it does apply to are non GSE Loans that are Serviced by Making Home Affordable participants.  NationStar is a MHA participant."
Sep 15, 2013
Seth Russell replied to Seth Russell's discussion Nationstar Commissions..Private Investor in the group NationStar Mortgage
"..I spoke with Kevin of K/Williams..great insight about HAFA however,this loan isn' t Fannie/Freddie..HAFA's off the table..He also suggested having homeowner contact N'Star requesting Who the Lender is... All of this really comes…"
Sep 13, 2013
Ben Benita replied to Seth Russell's discussion Nationstar Commissions..Private Investor in the group NationStar Mortgage
"They are REQUIRED to disclose who the investor is, you just need to know the proper channels. your commission, I would bet you CAN get it, but it may take a little time. We can talk off here - [email protected], if you want to talk (we have…"
Sep 13, 2013
Seth Russell added a discussion to the group NationStar Mortgage
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Nationstar Commissions..Private Investor

After much abuse on this file by the short sale Negotiator/Asset Manager- Olivia Davis, I was advised that their 'private investor' requires us to reduce our commission to 5%. She would not release investor information other than this is not Fannie/Freddie..Has anyone been successful in battling for their full commission? I feel like this is extortion..anyone else out there feel my pain?As Realtors we're obligated to perform for our clients regardless so my back is against the wall via our Code…See More
Sep 13, 2013
Seth Russell commented on James ferebee jr's group OCWEN
"Has anyone noticed Ocwen is not a listed Lender on Equator when trying to initiate a short sale? Am I missing something? Last July they announced they were now utilizing EQ to process S/Sales."
Sep 3, 2013
Seth Russell joined James ferebee jr's group
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OCWEN

Ocwen short sale informationThis group is for information, tips and solutions for OCWEN short sales.See More
Sep 3, 2013
Seth Russell joined Maya Thomas's group
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Specialized Loan Services LLC

Incredibly nice and accessible people. Contact was Monica phone (800) 306-6059 fax (720) 241-7526 SLS Customer Resolution.See More
Aug 14, 2013

Profile Information

First Name
Seth
Last Name
Russell
Are you a...
Agent
State
OR
City
Portland
My Profile
Lic'd Realtor-WA/OR specializing in Short Sales since 2008.

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