"I got the same letter a few times but when I asked the negotiator said that is just their "policy" but they cannot enforce it if the borrower decides not to keep current. My clients chose not to pay and everything closed and was…"
Wendy Martin's Discussions
Anyone worked with Seterus?
Started this discussion. Last reply by Aida Rodriguez May 17. 6 Replies 0 Likes
I have a new short sale client with Seterus....can anyone give me some info on this company? Thanks very much!Continue
Friday the 13th at Bank of America
Started this discussion. Last reply by Kimberley Kelly Apr 3. 1 Reply 0 Likes
Beware, if you have outsanding BofA Equator tasks still open after midnight 4/12 your short sale may be declined or you may have to start all over. The BofA webinar today was interesting, and…Continue
BofA does it again
Started this discussion. Last reply by Kimberley Kelly Nov 10, 2011. 8 Replies 2 Likes
So here we are after replying to a counter offer from BofA on an active short sale, and awaiting approval. Today I get an email from the negotiator saying the home was sold at auction yesterday. No…Continue
Fannie & Freddie BPO question
Started this discussion. Last reply by Jeff Payne Oct 27, 2011. 3 Replies 0 Likes
Fannie and Freddie just moved their BPO business from a vendor I was working with . Anyone know where they moved their business to? That's a HUGE contract for a company to lose....Continue
Wendy Martin's Page
Latest Activity
Wendy Martin replied to Ute Ferdig's discussion Citi approval requiring seller to continue payments until closing
Aida Rodriguez replied to Wendy Martin's discussion Anyone worked with Seterus?"I just received a short sale approval from Seterus. Faxed third party auth and short sale packet to: 877-649-0743. I received a call from the assigned BPO agent 48 hours after faxing the documents. Two days later I was…"
Keji Ogunleye replied to Wendy Martin's discussion Anyone worked with Seterus?"I have closed 3 with them .. the first one was last year and was horrible, but the last one I just closed in March 2012...was a breeze.. they've greatly improved and do get approval out within 2weeks."
Wendy Martin replied to Raquel Alberty's discussion Wells Fargo New Approval Letter does not provide a waiver of deficiency!!! Has anyone had this issue recently??!!!"That's just what I did with Wells. They sent approval letter with no waiver of deficency, asked for that language, got nowhere. Sent copy of new Freddie guidelines and had the new approval letter with waiver of deficiency…"
Sam replied to Wendy Martin's discussion Anyone worked with Seterus?"I have done two with them, top notch in my book. You have to be on the ball becuase they are, but I find them very professional and efficient...of course, thats because I am on the ball. :)"
Wendy Martin replied to Wendy Martin's discussion Anyone worked with Seterus?"Thanks for the great feedback Sandra and Mike. I will prepare myself for a bumpy ride....."
Wendy Martin replied to Donna Gallegos's discussion Any tips for Escalating a file with Green Tree?"Oy, what a mess GT is. My file sat for 2 months until my negotiator told me she was never trained to do short sales and neither was her whole team. She didn't even recogize what the sales contract was. I escalated to her…"
Sandra Delight Miller replied to Wendy Martin's discussion Anyone worked with Seterus?"I had a short sale closed with them last year. They were not easy to work, but we did close! One of the main issues was the BPO that came in to high and we almost lost the deal. I did meet the BPO agent at the time of the BPO and I thought we were…"
Mike Rosania replied to Wendy Martin's discussion Anyone worked with Seterus?"Go to lender info tab and search Seterus and all of there forms etc are posted. You will need notarized LOA to get started with them. I had a deal in process with them and BPO was way out of line and the dispute process was long and tedious and…"
Wendy Martin joined Bill Black's group
Seterus (LBPS)
IBM put 1.3 Billion into this arm of the business... let's see how productive that was?
Wendy Martin posted a discussionAnyone worked with Seterus?
I have a new short sale client with Seterus....can anyone give me some info on this company? Thanks very much!See More
Wendy Martin replied to Raquel Alberty's discussion Wells Fargo New Approval Letter does not provide a waiver of deficiency!!! Has anyone had this issue recently??!!!"They just made this change a couple of weeks ago. I just got an approval letter minus the forgiveness language and they will not budge, They only say "this investor does not normally pursue deficiency." Uh huh. …"
Kimberley Kelly replied to Wendy Martin's discussion Friday the 13th at Bank of America"Cryptic being the key word here.."
Wendy Martin posted a discussionFriday the 13th at Bank of America
Beware, if you have outsanding BofA Equator tasks still open after midnight 4/12 your short sale may be declined or you may have to start all over. The BofA webinar today was interesting, and cryptic. 4/13 is the starting date for some important changes including using the new BofA Authorization to Release,as has been discussed on this site. For more info you can go to: bankofamerica.com/realestateagent or call Short Sale Customer Care: 866-880-1232 See More
Wendy Martin replied to Wendy Rulnick's discussion NEW Bank of America Authorization"Well, my partner and I have been negotiating short sales in Oregon and Washington for the last 6 years. But, we spent a couple of years in classes and learning this business from mentors, etc. Short sales are 75% of our business and we…"
Wendy Martin replied to Dale Bradbury's discussion Any tips on OCWEN short sale?"Hi Dale, My tip is, get ready for a bumpy ride with a company that does NOT usually close short sales as Ocwen loves to foreclose after taking you and your clients for a ride. That's just my experience...for what it's worth."
Profile Information
- First Name
- Wendy
- Last Name
- Martin
- State
- Oregon
- City
- Portland
- My Profile
- Windermere Cronin & Caplan Realty Group
Real Estate Broker- 8 years experience
Have closed over 60 short sales
Certified Short Sale Specialist
Certified Foreclosure Alternatives Consultant
Certified Short Sale Guide
Certified Relocation Specialist
member: American Association of REO Specialists
Licensed in Oregon & Washington
My team and I take great pride in helping people who are out of options and frustrated with trying to deal with their lenders. We negotiate all of our short sales.
Comment Wall (1 comment)
- At 10:23am on March 28, 2011,
Andrew Travis said… - Hi Wendy, I Would Also Appreciate Seeing The Form, That May Be Helpful For Me In N.Y Thanks...
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