WTF is "litigation status" on a short sale?!?!?!?!

New one -

Anyone know WTF "litigation status" means?  

Pardon the "WTF" if you are offended but I hit a roadblock this afternoon with a SCHMUCK of a negotiator who said she could not even tell me what that means!!!!    

We can do NOTHING on the file while it is in this status and I am trying to see exactly what it is (I do have calls in to higher ups but figured I would check here as well).....

Any input is welcome, I am at [email protected] if you want to buzz me off here.

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Comment by Ben Benita on March 22, 2013 at 3:29pm

It can be a hassle finding "litigation status", BUT:

I LOVE LOVE LOVE LOVE LOVE LOVE LOVE LOVE LOVE LOVE

you get the point......

that Homeowners are FINALLY FIGHTING BACK!!!!

;-)

Comment by Sandy Skover on March 22, 2013 at 2:56pm

I had a BOA file that was a Co-Op and it wasn't suppose to get foreclosed. It did, and they had to reverse it. Then  the buyer sued the bank. That created the "Litigation Status".  The lawyer told me that once it is coded that way they won't speak to anyone.

Comment by Ben Benita on March 22, 2013 at 2:45pm

First time I heard this, but the Homeowner filed a Temporary Restraining order AGAINST Wells Fargo as part of a lawsuit to stop the foreclosure.  

I THOUGHT you could only get those against criminals......(no comment)

Through LOTS of efforts we have been able to get this cleared.....fun NEVER seems to end!!!!

Comment by Ben Benita on March 18, 2013 at 4:55pm

appreciate that and that was my guess....but wouldn't you think the people at the bank could at least CONFIRM this was the case?  

Frustrating......

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