I have been working on HAFA Short Sale with Flagstar since February.  On 8/17/2011 I received a counter offer from the lender with instructions should buyer accept then submit addedum to contract along with updated HUD with closing date no more than 2 months out which we submitted that day.  Since then I am told that the file is in review and no one can tell me anything more and I have had to submit another HUD with updated closing date as the one they have is expiring in 7 days.  They are not in compliance with HAFA timelines but they don't seem to care or worry about it. They tell me that if they pull the file from the "que" to discuss with me then I will loss my place in the "que" and will have to go to the back of the line.  I have been told countless times that I will be getting an email with approval and once someone did send email to management but I was not allowed to contact them myself.

If someone can offer some advice it would be greatly appreciated as I have fallen into Flagstars black hole and need help getting out of this or someone to report Flagstar to and escalate the file.

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Officers and directors

Joseph P. Campanelli Chairman of the Board, President, Chief Executive Officer of the Company and the Bank
Paul D. Borja Executive Vice President and Chief Financial Officer of the Company and the Bank
Michael Maher Executive Vice President, Chief Accounting Officer
Matthew I. Roslin Interim EVP, Chief Administrative Officer, Chief Legal Officer of the Company and the Bank
Todd McGowan Executive Vice President, Chief Risk Officer of the Company and the Bank
Daniel Landers Executive Vice President, Chief Credit Officer
Salvatore J. Rinaldi Executive Vice President and Chief of Staff of the Company and the Bank
Steven J. Issa Executive Vice President and Managing Director, Commercial Banking of the Bank
Matthew A. Kerin Executive Vice President and Managing Director, Mortgage Banking and Warehouse of the Bank
Marshall Soura Executive Vice President and Director of Corporate Services of the Bank

 

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