Gloria Rivera
  • New York
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Flagstar Bank

Started this discussion. Last reply by Brett Goldsmith Apr 20. 1 Reply

Has anyone dealt with Flagstar?  I'm so frustrated with them. I'm working on a shortsale and we got to the point of having an appraisal done.  They took a month and a half to let me know what they…Continue

Deal involving Ocwen

Started this discussion. Last reply by Brett Goldsmith Aug 4, 2014. 2 Replies

I am currently working on a short sale with Wells Fargo. Homeowner had a second loan that Ocwen eventually started handling. My client has filed for chapter 7 and was discharged.  I tried to get a…Continue

 

Gloria Rivera's Page

Profile Information

First Name
Gloria
Last Name
Rivera
Are you a...
Agent
State
New York
City
Middletown

Gloria Rivera's Blog

About to lose deal because of OCWEN

Posted on September 4, 2014 at 4:39pm 1 Comment

I need some guidance please. I have cash buyers who offered $50,000 for a two family condemned and uninhabitable property. Originally OCWEN wanted the buyers to increase their offer to $67,000 based on a drive by valuation. I proceeded to inform OCWEN that the property has been condemned and uninhabitable per the City.  I've sent them pictures of the outside of the property and the posted condemned notice. I've also emailed a list of the violations from the city plus I have informed them…

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BOA BIG Mixup

Posted on August 12, 2014 at 12:56pm 0 Comments

I have a client who purchased her home with a BOA financing. A year later she applied for a home equity again thru BOA. BOA sold the home equity to Ameristar. Simple enough, BOA is the primary, Ameristar is the secondary. Well no, apparently when she applied for the home equity, BOA somehow made that the primary making the primary secondary. Now she is doing a short sale. How do I figure this out for sure?

Short sale difference

Posted on August 12, 2014 at 12:31pm 1 Comment

Does anyone know if there is a way to find out if a bank will waive the difference on a balance owed from a short sale? Are there any banks that absolutely will not waive it and send a client a 1099?

Short sale and divorce

Posted on August 7, 2014 at 8:51am 1 Comment

I have a divorced couple doing a short sale. They are both very cooperative. Banks aren't. The wife went back to her maiden name and banks will not accept her authorization with her signature under the maiden name. I can get her to sign in her maiden name but will her docs such as filed taxes and pay stubs be an issue. I already have buyers who really want this home.

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