Julia Huntsman, 562-896-2609
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  • Long Beach, CA
  • United States
  • CA
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Realtor, Broker in Long Beach, DRE #01188996. Phone 562-896-2609.

Julia Huntsman, 562-896-2609's Blog

FNMA and BofA file

Posted on August 17, 2011 at 1:19pm 0 Comments

File went through all the non-HAFA hoops to get started--all cash buyer for last listed price was rejected by FNMA. By this time prices have fallen even more-file re-submitted for FNMA approval at contract price. 30 days later, no response.  I have escalated through Equator, sent e-mail to VP of short sales at FNMA, and file is also escalated at FNMA Business Analysis level (takes 10 days for review, she said).  No response from anyone through Equator, negotiator has been available only…


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At 4:02am on April 21, 2010, James ferebee jr said…
[email protected] Email
407-737-5285 phone - Work
866-779-8080 toll free - Work
561-682-8160 fax - Work Fax
Joshua Coykendall
Specialized Home Retention Consultant
At 3:45am on April 21, 2010, Rob McGarry said…
I didn't have a looming foreclosure on mine, but I don't think Ocwen is in the business of taking property back either. It's a small bank. Assuming you have a signed offer and complete package, get it submitted, then call Josh (see previous posts by me).

Also, I saw a message from you about 4% commission, but didn't know how to respond. My first approval came back at 6%, but it didn't exclude recourse. Once I negotiated that out, they dropped to 5%, but I wasn't willing to go any lower. They would have had to take the property at that point. Protect your pay and stand your ground!
At 2:17am on April 21, 2010, James ferebee jr said…
Yes those are the latest doc's I just used them in Jan / Feb to get short sale into the system.



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