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Wells Fargo Short Sale Info and Items Needed
Wells Fargo Short Sale Dept 1-866-903-1053 (see below for ASC forms)
Short Sale FAX 1-866-969-0103
Letter of Authorization Fax 1-866-917-1877
Mortgage Servicing 1-877-841-5301.
Wells Fargo Line of Credit Division 866-961-6861 or 866-970-7821
Third Party Authorization: 866-917-1877 (fax)
Fax: 866-834-7850 or 866-834-7949
Email format [email protected]
OR [email protected]
ESCALATION DEPARTMENT 866-605-0829
Wells Fargo Executive Offices: 800-853-8516
Started by Beth Walsh. Last reply by James Franko Nov 1, 2021. 6 Replies 0 Likes
Started by Kay VanKampen. Last reply by Short Sale Superstars LLC Oct 8, 2019. 2 Replies 0 Likes
Started by Angie Fraguas. Last reply by Short Sale Superstars LLC Jul 11, 2018. 3 Replies 1 Like
Comment
A representative at Wells actually told me that they would no longer be using Equator. They were never very efficient with it anyway.
As for listing the house, borrower was told 90 days however FHA seems to require 120 days. It is a USDA, FHA loan as the plot thickens.
Either way, it is not going to sell for what they want.
As for Wells not using equator, I think it just depends on the investor. FHA, VA, USDA may have to go secure email but be sure to fax all in to the main short sale for Wells in duplication. Those files are not shared necessarily. If you loose that negotiator in secure, info is limited even though you have to refresh with another negotiator assigned. I have done plenty with different loans and do not know if they dropped equator generally. thanks
USDA guaranteed loan serviced by Wells Fargo holding to value.
Has anyone dealt with a loan such as this? They refuse to lower their value.
Tyra Ask wells for proof of delivery. Homeowner would have to sign and send back. If so then Wells should provide a signed copy.
Notice of Short Sale
Tyra What is NOSS?
Interesting situation...I received a message from a Wells Fargo representative stating that, prior to me being on the short sale, they sent my client details for the NOSS marketing period. My client stated that she never received anything. By the time I got involved he said that the marketing period has ended, but she can submit an offer for a short sale for review. Has anyone else had this happen before?
Is there any reason whatsoever that the non HAFA short sale would ever be better for clients?
Any thoughts?
I have a Wells Fargo VA Compromise sale with a contract that meets the required net amount and a buyer who's willing to take on the repairs that has killed other deals. However, the foreclosure sale is scheduled for Friday, June 2. (This is the 3rd contract and the foreclosure sale date has been postponed once already.) I've escalated to Randy K. Saffel, Assistant Vice President, Wells Fargo Short Sale Division and to the VA Loan Technician "helping" the homeowners. Is there anyone else to whom I can make an appeal to postpone the foreclosure? (Mr. Saffel has been responsive, but the sale date has not been postponed - we have less than 4 days!!) I appreciate any assistance!
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