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I've got PNC on the first as the servicer and Freddie Mac's the investor. Chase is the second and they want 10% of the balance ($9000.00) and PNC is only allowing $3000.00. The buyers willing to kick in the difference but PNC is steadfastly refusing. Is there a hope of escalating this or does Freddie Mac stand firm on this rule? Thanks!
try to go HAFA with green tree, its the only way. I called and reported GT to the treasury dept in jan and wow did they straighten up for they are part of the 2mp program, this means the deal you have now must die if the investor is freddie mac. Freddi Mac does not allow anyone to be approved for hafa that already has an offer on their home, so you must get approved with hafa first with your first and the first Chase will call green tree and your deal will get done. sorry
if Freedie Mac is not the investor you may be alright but must apply for hafa
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