Tags:
You need to write a letter to the Treasury department or occ.gov
You can always write a letter to the President of Fannie. All this information can be found on google. Worst case scenerio they can rescind the sale.
Fannie Mae established a three postponement limit last year, but this property has only had one postponement. I guess we have new rules again. So much for helping homeowners avoid foreclosure.
If default over 12 months is new rule.
Rowena Hardin said:Fannie Mae established a three postponement limit last year, but this property has only had one postponement. I guess we have new rules again. So much for helping homeowners avoid foreclosure.
I didn't know this, however they made their last payment in Sept 2010, eight months ago. Fannie Mae is being very agressive with this one. We listed as a short sale in August, trying to be proactive. The quickest a foreclosure can happen in NV is 7 months. Fannie is not giving anything on this one.
Paola Martinsen said:
If the home owner is more than 12 payments behind they wont postpone a second time....
This is good advise, we will do this. Thanks.
Previous SunTrust Negotiatior said:
You need to write a letter to the Treasury department or occ.gov
You can always write a letter to the President of Fannie. All this information can be found on google. Worst case scenerio they can rescind the sale.
Maybe its different in your state? You can always call Fannie Mae directly and ask to speak to level 2 rep and get some clarification and assistance regarding that.
1-888-FANNIE5 (888-326-6435)
or MHA inquiry resolution [[email protected]] Even though they are HAMP they still help with short sales
HAMP Solution Center
P.O. Box 809006
Dallas, TX 75380-9006
Phone: 866-939-4469, Option 2
Email: [email protected]
Fax: 1-240-699-3883
Rowena Hardin said:
I didn't know this, however they made their last payment in Sept 2010, eight months ago. Fannie Mae is being very agressive with this one. We listed as a short sale in August, trying to be proactive. The quickest a foreclosure can happen in NV is 7 months. Fannie is not giving anything on this one.
Paola Martinsen said:If the home owner is more than 12 payments behind they wont postpone a second time....
Maybe its different in your state? You can always call Fannie Mae directly and ask to speak to level 2 rep and get some clarification and assistance regarding that.
1-888-FANNIE5 (888-326-6435)
or MHA inquiry resolution [[email protected]] Even though they are HAMP they still help with short sales
HAMP Solution Center
P.O. Box 809006
Dallas, TX 75380-9006
Phone: 866-939-4469, Option 2
Email: [email protected]
Fax: 1-240-699-3883
Rowena Hardin said:
I didn't know this, however they made their last payment in Sept 2010, eight months ago. Fannie Mae is being very agressive with this one. We listed as a short sale in August, trying to be proactive. The quickest a foreclosure can happen in NV is 7 months. Fannie is not giving anything on this one.
Paola Martinsen said:If the home owner is more than 12 payments behind they wont postpone a second time....
© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.