Can all SS Pro share their experience Please
1. ask for AVP?
2. borrower contact investor?
3. submit qualified written request?
4.Write a complaint to lender heads?/ RESPA?/ FTC ?
please give us detail information and sample letters if possible
Can all SS Pro share their experience Please
1. ask for AVP?
2. borrower contact investor?
3. submit qualified written request?
4.Write a complaint to lender heads?/ RESPA?/ FTC ?
please give us detail information and sample letters if possible
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Replies
Based on the title of your posting here - I assume that you have been informed that the servicer will not postpone an auction date, even though you have submitted a complete short sale package. Can they really do this?
Yes, they can. Some investors are insisting that all paperwork be submitted at least 3-4 weeks prior to the auction date. If it is submitted after that, they claim there isn't enough time for them to make a decision and therefore they will not postpone the auction.
In some cases I have seen them state that unless the short sale can close before the auction date, the auction is on.They just don't care.
I'm not sure I fully understand what you're looking for. I'll try to answer your questions:
1) yes, you can call any lender and ask for the AVP. Doesn't mean you'll get through, but you can certainly do it.
2) yes, a borrower can contact an investor of a note.
3) Yes anyone can submit a QWR - Takes 60 days to process
4) Of course, provided you feel RESPA/MARS or FTC was violated in some way.