You are correct. And, yes it doesn't make any sense at all. For example, my 2nd is with Chase - got approval for $6k, then sent it to Nationstar only for Nationstar to counter. Then had to get another approval from Chase…"
"can you email me who you contacted. I have 2 right now with Nationstar and Auction.com is calling my seller's what seems like every 5 mins. My seller's told them they will not be sending any of their documents.
my email is…"
"Just got off phone with my seller's and their attorney - and they are proactively filing a claim with DRE against the BPO agent who has committing fraud. YEAH. I think it about time we step up and stop this!"
"The next BPO - I will have my lawyer write a letter from my home owner stating that if they do fraud on their property - they will be sued and file a formal with with DRE. These BPO agents are real estate agents and are committing FRAUD! I am…"
"on my last BPO I called the agent and ask why and how she came up with the comps to support the counter. She informed me that she did in fact turn in the correct BPO and B of A called her back and had her redo the comps to where she was told…"
"I haven't yet either but going to. I have several Fannie and Freddie files that the counters are so high. I sent the lender full appraisals by the buyer's lender and they don't care and won't even consider them. …"
"I have a client with a 2nd position also. They were sent a standard short sale package, which on the last page has wording that the borrower agrees that if PNC releases the lien, will pay the remainder of any amount owing. :
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