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Victoria - I have closed 5 short sales with Wilshire over the past several years (before it became LBPS); three short sales with LBPS and have two currently in process with Seterus. I just got approval from Seterus on one of them and expect approval on the other this week. Don't know why anyone would say they are not great to work with. I think personally they are one of the easiest lenders to work with. Make sure that you submit a complete short sale package and have comps to substantiate the offer price and I am sure they wll be receptive.
Good luck... Sam
Victoria 9/4/11
I also have a file with them currently. They only want auth on their form and if you place a attorney on the form. Then they only want to speak with the attorney not you. They are a pain and my sellers have already gone B/K so you'd think they want it sold and fast?
DID I SAY THEY ARE A PAIN? Cross your T's and dot the i's ok? But you can get it done!
Johnny ZZ
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