"The banks are wanting to have the Arms Length Affidavit notarized. I have a deal with US Bank and they recently requested that the Affidavit been notarized and sent over along with an updated hardship letter.
By the way, I'm listing agent…"
"I am in Nevada and just received a short sale approval on the 1st and 2nd from US Bank with FreddieMac as investor on the loan.It does not say anything about defficiency judgment or promissory note.The US Bank told me the 2nd had been released and…"
"I can email you one if there is not one on their website or you might google it. Always send FREDDIE what they want I lost a deal to foreclosure because US Bank delayed getting the docs to FREDDIE & a 70 year old client lost her home, I still…"
"I am representing the Buyer in Short Sale with Saxon Mortgage.We had been waiting for short sale approval extension from them since 7/19/2010 and the Buyer's loan docs are about to expire.Does anybody know what to do in this situation.Any help…"
"I have the very same situation with USBank. They have both my primary and secondary (line of credit). After talking with several departments, I found that the two loss mitigation departments do not share information and you have to basically work…"
"I have a short sale with 1st and 2nd US bank .I did send the whole short sale package including the hardship letter and financial statement.Now the negotiator is still asking me for a proof of hardship.Does anybody know what I can do in this case"
"Tina. It sounds like Freddie is wanting the 2nd to release the line for $3,000 (since this is less). So just place that figure as a payoff to the 2nd on the prelim HUD and submit to US Bank for approval. Then negotiate until they accept it. This is…"
"The SS is with US Bank 1st and 2nd .On first the balance is $179,900 and 2nd is for $55,707.Freddie Mac is the investor for those loans and they are requsting a lien rease for $3,000 or 10% whichever is less
Thank you for your help,"
The bank had asked me to provide them with lien release for $3,000 or 10% whichever is less.Does anybody knows or done it before and give me an advice how to do it.I need to respond to them ASAP otherwise they will deny the short saleHelp is highly appreciatedSee More
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