Information

Seterus (LBPS)

IBM put 1.3 Billion into this arm of the business... let's see how productive that was?

Members: 314
Latest Activity: Feb 21, 2019

Contact Info For Seterus Short Sales

 

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Seterus went out of business and primarily sold their loan portfolio to Mr. Cooper. Check out the Mr. Cooper group for their contact information. http://shortsalesuperstars.com/group/mrcooper

Discussion Forum

Seterus Bought by Mr. Cooper

Started by Jeffrey W Wolff Feb 21, 2019. 0 Replies

FYI all:I learned today that Seterus is being bought by Mr. Cooper.  Seterus was always easy to work with and Mr. Cooper being one of the worst.  The negotiatiors are moving to Mr. Cooper which is a…Continue

Seterus Uniform Borrower Assistance Form/Third Party

Started by Evelyn Blanks Apr 6, 2017. 0 Replies

Hi does anyone have the most recent Uniform Borrowwer Assistance Form and Third Party Authorization for Seterus.    I spoke to them yesterday and they directed to me to their website - but for some…Continue

Seterus short sale

Started by Nadia Scheffers. Last reply by Nadia Scheffers Apr 4, 2016. 2 Replies

Can anyone tell me if Seterus use Equator?Thank youContinue

ESCALATION CONTACT AT SETERUS ANYONE?

Started by Vanessa Machado Apr 16, 2015. 0 Replies

SHORT SALE SUBMITTED ON 3/5/2015 VIA FAX TO SETERUS AND INITIATED THE SAME DAY THROUGH HOMEPATH.COMUNFORTUNATELY, FILE IS STILL NOT ASSIGNED TO A NEGOTIATOR AFTER ALMOST 45 DAYS. FANNIE MAE IS MADE…Continue

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Comment by Jed Shuler on May 3, 2010 at 7:56am
I finally got a negotiator assigned with a MetLife short sale(after 2 and a half months) and 2 days after that, they sold the loan to LBPS. Not happy.
called LBPS and ALSO said I need to send in a new Letter of Authorization but they said they wouldn't have a fax number until after May 14th!!! If someone gets a fax #, please post it here. I'm going to get a new LOA signed and certified mail by tomorrow.
Comment by Bill Black on April 26, 2010 at 1:58pm
So to be upstream to the new IBM process they stated today they bought 10's of thousands of loans from Metlife but will not hand out ATR fax # until May 1st. They will need a separate ATR for them even if you had an ATR from Metlife. IBM LBPS.pdf
 

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