Hello...

I have been struggling to get B of A to open our short sale. It was recommended for short sale on 7/13, and we have been told "it will be 5-7 days for the short sale to be opened" for weeks. I pushed and pushed last week until I had Home Retention and the Short Sale departments on the phone at the same time. The SS dept told HR that there had been a policy change and it was now their responsibility to "push the button" to open the short sale "template." I share this in case there are others dealing with this same vicious circle.

The short sale is now open as of Tuesday this week. The issue now is that the Trustee Sale is scheduled for tomorrow morning. They would not request a postponement until the short sale was opened. I have been checking twice daily for news it has been postponed, and as recently as 30 minutes ago it still has not been confirmed.

Does anyone have an escalation number someone who can shake it loose and get it postponed?

Thanks in advance.

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Replies to This Discussion

Noel - it may not be postponed until about 15 minutes before the sale - keep checking and calling.

I HAD THE SAME ISSUE!  1 week prior to FC found out we were in the wrong dept and no one had authority to open this stupid template.  ESCALATE FAST!  You might not have enough time but contact everyone you can!  When I emailed, I briefed in bullet point all the mistakes and different information, summarized the hardship and humanized the poor elderly owners, pleaded they make this right and correct oversights and miscommunications that are occurring. 

If it's FHA - called National Servicing Center: 877-622-8525.  Have BAC give you the FHA case# and you have to send in their specific auth form.  469-647-4451.  Ask for HUD Escalation Team.  Get a Help Ticket number STAT!  Fannie Mae and Freddie Mac also have contacts I'd have to dig up.

Mgr of BAC short sale dept - [email protected]  (he wasn't much help but needs to know his dept screwed up again!)

tWEET and Facebook their pages -Dana Moore is part of the Social Media Team - very nice gal.   [email protected]  661-713-7846

President/CEO - brian.t.moynihan  (his presidential escalations team will contact you right away)

Presidential Escalations Team-Marie Moreira 213-345-9984   [email protected]

Contact the trustee - email me ([email protected]) and I have a letter that may give them legal reason to contact their person and have an emergency postponement.

GOOD LUCK - starting to hate bAc again...

Thank you so much for the tips. I am working on it.

Try [email protected].  Jim Weller most recently gave the B of A Webinar on FHA short sales...

I had issues to.  Contacted him and trust sale got postponed. 

Thank you Cami. I have emailed Mr. Weller. I appreciate your help.

In addition to the above, have the seller sign an Authorization for you to talk to HUD and fax it to them immediately.  Takes 48 hours to upload.   I just had an issue with BOA on an FHA Short Sale that wasn't going anywhere and was escalated and escalated and no one was responding.  HUD told me I should have contacted them sooner.  Told me to call them right away when we have an issue with a servicer and they will investigate it.  Took 48 hours, but I got it resolved!  Call: 877-622-8525.

Success! The trustee sale has been postponed! Thank you everyone for the help and advice!

I was surprised by a phone call from Steve Fox of the B of A Social Media Team who saw my post and called me just a couple of hours after I posted it. He did a great job escalating my issue to the right people. Thanks Steve!

Onward!!!!! 

That is great!  What makes the difference between Short Sale Paper Pushers and Short Sale Superstars is tenacity and passion...and this site, of course!

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