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Escalate this with FNMA immediately. Be sure to have everything ready to fight this and MAKE sure that there is not money somewhere that you may not know about. Fannie Mae has a help desk with some MLS systems but you should be able to escalate with out help desk
This would be a good one for the National News
Hi Jeff,
I'm new to this..but how do you escalate to fnma when the lender won't provide a # for them other than the resource center at fnma..and they don't help either. I have a BoA 1st with FNMA as Investor and a 2nd with Real Time Resolutions-we finally got Approval on the 1st but the 2nd wants more than then 6k (they want 20k-or at least 13.7k) offered by fnma and they prefer to let it foreclose instead of taking that, and fnma (according to boa) won't pay more than that...sale date is coming up again in 3 weeks. HELP, any suggestions?!
No worries, my wife and I share an office and she can tell when I am upset because she says I have little fingers of fury tapping away on my keyboard.
Channel that anger into a really good escalation. It works!
Send an email to every single Fannie exec that you can find an email for AND LET THEM HAVE IT
I am having the same horribe problem. I have a good friend that I am selling his place that his wife only has in her name since she owned it before they were married. He is dying of ALS that is very progressive. They have had to move out in order to have a bigger bedroom in order to have a bed kift since he is soon to be a complete bedridden
Nationstar is horrible. They sent another approval this time with $2100 cash contribution. We agreed to $1800 (buyer paying on behalf of seller). This approval does not waive the deficiency and the seller will not close with this. I can't believe Nationstar gets away with this crap. My negotiator "Dawnisha" won't return emails or voice mails and neither will her supervisor "Larry"
By the way, I escalated with FNMA and they did nothing... I have advised seller that maybe he should move back into his home or rent it out. Lis Pendens was dropped sometime ago and and has not been refiled.
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