HELP !!! I need a contact to Nationstar the investor is Bank Of New York via EQUATOR
I have a short sale that I am working on. They will not co operate with HAFA They are refusing to pay the sellers portion of the title insurance. They are refusing to pay the Natural Hazard disclosure report and they want to cut our commision to 5 %.
I have completed many short sales and the bank has always paid for the title insurance for sure. I have written to negotiator twice via equator and no reponse. I will resend to her superiors via equator now and I want to know if someone has a phone number for me please.
Thanks

Views: 1174

Reply to This

Replies to This Discussion

Donisia That is good info and will do that  thank you so much and thank you for the phone number to corporate  I have got lots of good info from all of you big Thanks !! 

I just closed a Nationstar deal - which was an Aurora transfer. The Title Ins. was on the seller side of the HUD, so, they do approve it depending on how it was negotiated. Their number is 877-450-8638. Although I had one rep who insisted that the bank will NOT pay for the water bill, they ended up paying for it because I, basically, lucked out. We had to have a short extension due to conflicting schedules of the attorneys involved, I ended up with another rep because my assigned rep went on vacation, and I did get the final approval letter to Close. They paid the Title Ins., and the water bill.  Otherwise, I do think I would have had a problem with my rep in getting the final approval letter. But, hey, do what you gotta do to get the deal done! So, there was a "plan b." ...always have a plan b.... Good Luck!  :)

I had the same scenario with Nationstar and Bank of New York.   Contacted Bank of New York, contacted Pres of Nationstar, escalated as much as I could.  Ultimately I was told to agree to the terms including maximum 5% commission or short sale would be declined.  I was told that those are the investor guidelines between Bank of New York and Nationstar.   I did have one with Bank of New York and Bank of America and didn't have these issues. 

I'm a buyer of a Aurora file transfered to Nationstar.

 

Nationstar is the worst (In my realtors eyes) This file was approved at $340k but the previous buyer could not get mortgage. So I offered $349K (9k seller Consession) and bang! got transfered to Nationstar who started the process all over. I already have my loan commitment.

 

We Wait........ Counter offer $355k, no closing cost "UNLESS I'm using NATIONSTAR as mortgage) on top of that they want me (The buyer) to pay 2k in realstate taxes and 8k in judgement liens.

 

We wrote to Nationstar shortsale manager and Nationstar VP... Now the LA is escalating to Fannie Mae... since it was already approved by them...

 

Praying it works.

Tell them to deny it and resubmit.  Fastest solution.

 

Thanks

Tony

832-867-0835

RSS

Members

© 2024   Created by Brett Goldsmith.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************