mike romone
  • indiana
Share on Facebook
Share

mike romone's Discussions

Green tree gives nothing to second

Started this discussion. Last reply by mike romone May 27, 2013. 12 Replies

I am a buyer and my realtor has been told by green tree that they will give zero to the second. This is a fannie mae short sell. Can they do this? Offer nothing to the second and tell use no matter…Continue

 

mike romone's Page

Latest Activity

Kelly Magreevy replied to mike romone's discussion Green Tree Fannie Mae 1st Ocwen GMAC 2d in the group Help Me!
"Did you end up getting the house Mike Romone? I know it has been two years since this post but I started reading this blog because I was curious about an Ocwen deal. "
Oct 12, 2015
mike romone replied to Gerry Wilden's discussion Buyer In Ocwen Short Sale in the group OCWEN
"You are lucky! Also considering this is a Ocwen short sale. Ive been playing games with them for 120+ days. The only worse lender you could have had was Green tree. Atleast you drawling a to close."
Jun 18, 2013
mike romone replied to mike romone's discussion Greentree 1st Ocwen 2nd in the group Green Tree Servicing
"Im now beyond the 120 day mark. We have been fought EVERY step of the way. All three lenders have done their best to tank this. Green tree being very slow unresponsive not wanting to let the second mortgage on the deal. Ocwen wanting 10% and taking…"
Jun 16, 2013
Nolberto replied to mike romone's discussion What how much does Ocwen want when its 2nd in the group OCWEN
"They can get UPTO $6k that doesn't mean they will get $6K. You need to stay on your ground and say $2K is the best I can do. Most of my negotiations I finish them with the Managers. The Mrgs' will negotiate with you when there is no more…"
Jun 14, 2013
mike romone replied to mike romone's discussion What how much does Ocwen want when its 2nd in the group OCWEN
"I am in trouble, Fannie mae will never give 10% or $6000.  Why do they even bother when they know its Fannie mae? They know they wont get more then 6%. This sucks."
Jun 14, 2013
Nolberto replied to mike romone's discussion What how much does Ocwen want when its 2nd in the group OCWEN
"As a rule of thumb they ask for 10 % of UPB, or and upto 20% if you have show them the Senior approval already.  Now you could start with 2% of the UPB and stop them at 10% the most. Blessings"
Jun 13, 2013
mike romone replied to mike romone's discussion Greentree 1st Ocwen 2nd in the group Green Tree Servicing
"Yet another update, Im now 119 days into this. 97 days have been dealing with Fannie mae. It took them a month to get a BPO. A month to counter at 20% higher. And now over a month this time around. They kept telling us that the second mortgage could…"
Jun 13, 2013
mike romone added a discussion to the group OCWEN
Thumbnail

What how much does Ocwen want when its 2nd

Im asking do the have a set % that they have to get?See More
Jun 9, 2013
mike romone replied to mike romone's discussion Green Tree Fannie Mae 1st Ocwen GMAC 2d in the group Help Me!
"They represent the seller and last time we gave them 90 days this time I want 30."
Jun 7, 2013
mike romone replied to mike romone's discussion Green Tree Fannie Mae 1st Ocwen GMAC 2d in the group Help Me!
"The Realtor also said that Green tree has been really slow at doing anything and Ocwen is really trying to derail this by demanding the max."
Jun 7, 2013
mike romone replied to mike romone's discussion Green Tree Fannie Mae 1st Ocwen GMAC 2d in the group Help Me!
"Thanks, I just hate to get drug back into this. I love the house but hate this. Ill try this once more. They said Green tree said we could send the HUD in to Fannie with $6000 to Ocwen. I pointblank asked the realtor if Fannie would accept giving…"
Jun 7, 2013
mike romone replied to mike romone's discussion Green Tree Fannie Mae 1st Ocwen GMAC 2d in the group Help Me!
" Update Realtor called me saying they could get this done but wants me to go back under contract. Im 118 days into this should I??"
Jun 7, 2013
Kevin - Greenville, SC replied to mike romone's discussion Possible to get Fannie Mae to lower BPO in the group Help Me!
"The value is not totally driven by the BPO it is a combination of factors. Bob Martin, vice president of valuations at Fannie Mae, said they also have a dedicated team to value all foreclosed and short sale properties.  The team includes…"
Jun 1, 2013
mike romone added a discussion to the group Help Me!
Thumbnail

Possible to get Fannie Mae to lower BPO

Is this Possible? Im a buyer BTW. Now Im up against a BPO thats about $10k too high.  I dont want to put down another 10k. Any help is appreciated!See More
Jun 1, 2013
mike romone replied to mike romone's discussion Green tree gives nothing to second
"The seller has several high dollars properties as well."
May 27, 2013
mike romone replied to mike romone's discussion Green tree gives nothing to second
"mortgage lien I called the county clerks office"
May 26, 2013

Profile Information

First Name
anthony
Last Name
peoni
Are you a...
Buyer
State
indiana
City
greenwood

Comment Wall (1 comment)

You need to be a member of Short Sale Superstars to add comments!

Join Short Sale Superstars

At 9:21am on May 10, 2013, FRANK KWABENA said…

Good Day,

How is everything with you, I picked interest on you after going through your short profile and deemed it necessary to write you immediately. I have something very vital to disclose to you, but I found it difficult to express myself here, since it's a public site.Could you please get back to me on:( mr.frankkwabena@yahoo.com.hk) for the full details.

Have a nice day

Thanks God bless.

Mr.Frank.

 
 
 

Members

Badge

Loading…

© 2017   Created by Brett Goldsmith.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************