Brett Goldsmith
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Brett Goldsmith's Discussions

Anyone have a Bayview escalation contact?

Started Mar 13 0 Replies

Anyone have a Bayview escalation contact?Continue

SLS Escalation Contact

Started Feb 15 0 Replies

Any high level SLS escalation contacts? Urgent situation and need another pair of eyes to assist.Continue


Started this discussion. Last reply by Justin Berry Mar 13, 2017. 1 Reply

Is it possible to for a USDA short sale to be approved if borrower is facing imminent default or is there a hard set guideline that the account MUST be delinquent?Continue

What's the most money you've seen a 1st give a 2nd mtg lien?

Started Mar 3, 2017 0 Replies

I saw SPS pay out 100k to a 2nd mtg lien. It was a large 2nd. What's the most you've seen?Continue


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Brett Goldsmith's Page

Latest Activity

Kathleen Sheridan joined Brett Goldsmith's group
Brett Goldsmith commented on Stephanie Lim's group FHA - HUD Short Sales
"@AL You should confirm but I believe the 15 day marketing period may not be required for the PFS program if the property is in foreclosure. Typically an offer is needed to get an appraisal ordered if a FHA borrower is in…"
Jul 13
Brett Goldsmith replied to Angie Fraguas's discussion Investor denial in the group Wells Fargo Short Sales
"How delinquent is the account? HUD will deny accounts 40 months past due. [email protected] 310-564-6389"
Jul 11
Brett Goldsmith commented on Jason Yacoub's group M&T Bank
"@Matthew Is this a standard sale or a short sale? What sort of relief are you looking for from the servicer for while you sell his home? Is he looking to stay current while you sell? [email protected] 310-564-6389"
Jul 11
Brett Goldsmith replied to Dot Nicklus's discussion REO FIRE HOW DOES SPS DEAL WITH IT
"I'd property start out contacting SPS and asking for their REO division. [email protected] 310-564-6389"
Jul 5
Brett Goldsmith replied to Elliot Ambalo's discussion OCWEN NIGHTMARE!!!!! WONT initiate a file it is an Estate! And now put it on auction list!
"What type of loan is on the account? Have you spoken to a escalation representative about denying the modification and if they would waterfall it into a short sale since it's an heir on an underwater…"
Jul 2
Shonda D Kelly liked Brett Goldsmith's blog post Short Sale Processing Support
Jun 26
Brett Goldsmith replied to Chris Zubrycki's discussion Short Sale while home is in Probate in the group Bank of America Short Sales
"Never heard of someone having to assume a loan to do a short sale on an estate. Not sure if I've done a FHA short sale with deceased borrowers, but I've done 20+ with private investors with many servicers and never heard of this. Generally…"
Jun 19
Brett Goldsmith replied to Juan Reyes's discussion Will Select Portfolio Servicing contribute to the 2nd lien in the group SPS Select Portfolio Servicing, inc
"Were you speaking to the short sale department? Yes, SPS contributions money to 2nd mortgages per the investors guidelines. I've gotten many SPS deals done lately with multiple liens. [email protected] 310-564-6389"
Jun 1
Brett Goldsmith replied to Julian Cover's discussion Preliminary Seller's Disclosure Form Rejection: Bad Math or A Bank Negotiating Tactic
"Imagine you are getting a paycheck. The offer amount is the Gross Income and the NET income is after deductions ( closing costs for real estate ). Now Imagine if your NET income was higher than your Gross Income for that paycheck. It's wrong.…"
May 25
Brett Goldsmith replied to RVT REI LLC's discussion NO BofA FHA SHORT SALE UNTIL LOAN MOD DENIAL?? in the group Bank of America Short Sales
"FHA waterfall protocol for loss mitigation options. Loan Modification -> Short Sale -> DIL [email protected] 310-564-6389"
May 21
Brett Goldsmith replied to Elliot Ambalo's discussion Short pay off with ocwen & Shellpoint / shell point
"Yes, much experience with Ocwen. With the right contacts at Ocwen they are relatively easy to work with. [email protected] 310-564-6389"
May 21
Bill Garrett joined Brett Goldsmith's group
Apr 16
Brett Goldsmith commented on Tony Morales's blog post Short Sale with HERO Assessment
"Ok, I'm not aware of that financing aspect. Servicer generally won't pay for it in full from what I've seen. I can recall on one transaction we paid it off in full with agent commissions, etc."
Apr 9
Brett Goldsmith commented on Tony Morales's blog post Short Sale with HERO Assessment
"Usually it's transferred with title to the new owner. Obviously the seller should disclose this to the buyer. Typically servicers will not pay the hero lien off in full. Depending on the servicer and investor you may be able to get some sort of…"
Apr 9
Brett Goldsmith replied to George Blisset's discussion HELP: Wells Fargo approved SS now no contact in the group Wells Fargo Short Sales
"Have you called the executive office? Has a closing officer been assigned? Have you spoken to floor managers in the short sale department? [email protected] 310-546-6389"
Apr 5

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3rd Party Negotiator
Woodland Hills
My Profile
My name is Brett Goldsmith I'm the CEO of Short Sale Superstars. You can also find me at I am a partner who oversees a team of real estate professionals that specialize in short sales, loan modifications, and 2nd lien settlements.

Our brokerage is partnered with attorneys, which allow us to give stronger services in all areas of real estate. Since the 2007 pop of the mortgage bubble we have been able to help thousands of struggling homeowners as well as those buyers and sellers that are not struggling at all. We have worked hard to go above and beyond to bring the main street client better communication, knowledge, experience, and a sense of dedication to their case. Although we work a large number of cases, we take great pride in our customer service and making each client's voice heard. If you're interested in anymore information regarding specific programs and services offered please feel free to send me an email at [email protected] or call me at 310-564-6389. My door is always open and thank you in advance for the opportunity to serve and meet your needs.

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At 6:55pm on October 12, 2015, Kelly Magreevy said…

Hi Brett,

I have been working on a short sale since February, Fannie Mae is investor, was told today that my seller is not eligible because he is not delinquent on his mortgage payments. He is a veteran that retired from the air force and had to move to Wisconsin. He got a job as a postal worker and has a security clearance. I had heard that once he misses the 31 days of  his mortgage payment that Fannie Mae will grant the short sale. The junior lienholder is Chase who has been very responsive. What should I tell this AF veteran to do? Thanks for your help with this. 

Brett Goldsmith's Blog

Nationstar is now Mr. Cooper!

Posted on September 12, 2017 at 8:45am 1 Comment

Nationstar is now Mr. Cooper! They do have a new Mr. Cooper letterhead authorization letter and they are still utilizing equator. Nothing internally has changed to our understanding of the short sale process for now. This was a move to re-brand the company.

[email protected]


Short Sale Processing Support

Posted on December 13, 2016 at 3:13pm 1 Comment

Why Use A Short Sale Processor?

“No one can whistle a symphony. It takes a whole orchestra to play it.” 

Some agents will not touch a short sale file without their processor(s) and others are scared to relinquish any control whatsoever. We come across a mix of both and find that once an agent has a processor who adds enough value to their business they will never turn back.

A processor should know 10X than you about short sales and everything that goes into…


California - Charged Up Front For A Loan Modification Review?

Posted on August 6, 2014 at 4:00pm 0 Comments

We want to help get homeowners get their money back who were charged upfront for a loan modification review in California. If you know anyone who falls into this category and who would like to try to get their money back please let me know as I can get them free assistance in this matter.


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Ocwen Continues to Grow Buying Rescap's Servicing Platform (GMAC)

Posted on February 26, 2013 at 3:34pm 0 Comments

Ocwen is continuing to grow as they won an auction for Rescap's mortage servicing and origination assets. Files that were previously being serviced with GMAC will now be serviced by Ocwen. Ocwen is a large servicer who is well known in the short sale community for it's outsourcing and not wanting to postpone sale dates. With that aside Ocwen is a fairly easy lender to deal with if you have contacts and know how to maneuver through their…



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