I did filed a complaint with CFPB and DOJ but I have not request any assistance from NAR. I will make sure to do so, since we need our voices to be heard and stop these servicers from abusing their authority.
"I have had a lengthy discussion with a loss mit rep at Caliber and he too is perplexed on this new policy. His Sr management gave them an explanation that they interpreted the new CFPB guidelines to conclude that due to the turn around of the…"
"I wonder if they can do this. Freddie Mac dictates their protocol for loss mitigation I cant imagine the servicer can do that on their behalf. I get it that they have more leeway with investor loans not GSE owned but Fannie, Freddie, FHA have their…"
"Hello To All,
I just had the same issue with Caliber Home loans. Their market value came back really high, we provided an engineer report and an appraisal along with an explanation letter to dispute their value and they declined the value dispute.…"
"The more of us that file complaints the better. We received a response to our initial CFPB complaint in which Caliber denied that they have stopped doing short sales and actually stated that neither they nor their investors were required to…"
"I am also having issues with them. I have a home that needs repairs and I am requesting a two week extension. The negotiator keeps saying no extensions but the home does not even have a foreclosure sale date. I am confused to why they are not…"
"They declined one of my files today which is a Freddie Mac loan. The response I got was that they are not approving short sales for ANY loan, regardless of investor. Will be making a call to Freddie to confirm."
So CALIBER calls this morning stating they will no longer entertain Short Sale applications on any "investor loans". Meaning any loans that are NOT FNMA,FHLMC,FHA VA or USDA loans.So any old subprime loans would no longer be eligibleSee More
How is everything with you, I picked interest on you after going through your short profile and deemed it necessary to write you immediately. I have something very vital to disclose to you, but I found it difficult to express myself here, since it's a public site.Could you please get back to me on:( [email protected] ) for the full details. Have a nice day Thanks God bless.
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