Terry Hammill
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Terry Hammill added a discussion to the group VA Compromise Sales

Servicer Guidelines for Compromise Sale

Does anyone have a copy of a current servicer guide for VA Compromise sales?  Having issues with Navy Fed cutting commissions and some standard fees claiming the VA allows them to..... when speaking with the VA, they state otherwise.  Navy Fed is requesting that we send them something in writing showing regarding the commission and fees from the VA.  We have done a ton of VA short sales and this is the first time we have had commissions and title insurance cut.See More
Jun 26
Terry Hammill joined Wendy Rulnick's group

VA Compromise Sales

Group devoted to discussions for Veterans Administration short sales, called Offers in Compromise, or VA Compromise Sales.See More
Jun 26
Terry Hammill replied to TROY DOWDELL's discussion Finding a BOFA 2nd lien
"Have you pulled a copy of the recorded note yet?  That sometimes can give you an idea of where in BofA's infrastructure it may be.  We have had a couple of 'lost' 2nd TDs with BofA this year that we have been able to…"
Mar 27, 2018
Terry Hammill replied to Linda Hartman's discussion Caliber Short Sales
"Caliber is refusing to comply with the new CFPB guidelines.  We have been told (by Caliber) that they will no longer be doing any loss mitigation other then foreclosure or deed in lieu."
Nov 21, 2017
Terry Hammill commented on Wendy Rulnick's group Wells Fargo Short Sales
"Just a heads up for everyone..... Wells Fargo is attempting to comply with the new CFPB guidelines but in the process has decided to destroy files on several of our short sales (they deleted all of the documents).  Be prepared that if you…"
Nov 8, 2017
Terry Hammill replied to DENNIS ANNINOS's discussion CALIBER NO LONGER ACCEPTING SHORT SALE APPLICATIONS in the group Caliber Home Loans
"The more of us that file complaints the better.  We received a response to our initial CFPB complaint in which Caliber denied that they have stopped doing short sales and actually stated that neither they nor their investors were required to…"
Oct 24, 2017
Terry Hammill replied to DENNIS ANNINOS's discussion CALIBER NO LONGER ACCEPTING SHORT SALE APPLICATIONS in the group Caliber Home Loans
"Start hitting them with CFPB complaints..... they dont want to comply with the new CFPB guidelines and are hoping you just go away."
Oct 17, 2017
Terry Hammill joined Brett Goldsmith's group
Oct 17, 2017

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La Mesa

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At 8:17am on August 14, 2010, Kelly Magreevy said…
Terry, I sent you a friend request. I thank you so much for your help and will keep you posted on what happens. If I ever have any referrals for So Cal, they are going to you!


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