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I am challenging that decision. Your "Servicers" are hopeless. Here is just ONE example of something bordering on Fraud in my opinion, and I have asked you for help..to no avail.

CHASE, approved one of my Short Sales verbally via my friendly (not) negotiator, Leslie. Leslie informed me that my client was approved IF she would pay $10,000 CASH and also sign a $50,000 note. Hmmm..let's re-visit this, shall we?

• California is a non-recourse state. This secondary home was purchased in 2005, one loan, therefore purchase money, nothing pulled out against it. If my client opts to pursue her "put option", you, Freddie Mac will get the home back at the Trustee Sale with no right to pursue for deficiencies. You can always sue her at a Judicial Trial, but let's face it..who has the money???
• Borrower is only 3 months past due. She has maintained this home impeccably, HOA's are currrent as are taxes, she paid for all upgrades and improvements, has never been late on a payment, and continues to maintain the home and pool and landscape as if she were there.
• Borrower is now retired, living on Social Security, and is getting into her IRA to continue with the mortgage payments on this home. She is drained and done.
• Borrower paid $486,000. BPO shows Value at $135,000 today. I have an offer ABOVE MARKET at $172,000 CASH.

Here's the really infuriating part about CHASE..after we counter back with cash, but no note, my knowledgeable negotiator leaves me another voicemail stating that "upon review, the Investsors have decided that your client makes too much money and we are turning down the Short Sale." BAM! WHAT??? You already decided she qualified for the Short Sale IF she met your outrageous terms, and now suddenly, she makes too much money?? Anybody minding the store?!

What??? You mean to tell me that in this awful market of declining values and increasing inventory, YOU, FREDDIE MAC, told Chase to turn this deal down?? If my client discontinues maintaining the property, and you have to carry it another 6 months, (at least!), with no payments, pay deposits to turn on utilities again, clean and shock the pool, water and clean up the landscaping, risk letting it sit in this non-gated community VACANT, and then get just the CURRENT BPO price of $135,000 at auction, you, FREDDIE MAC, are choosing to leave approx. $30-40,000 on the table?? I AM A STOCKHOLDER here and this is NOT a sound decision for this company!

I have sent an e-mail every day to Freddie Mac..borrower outreach. I received a response to my first e-mail asking me to send my Agent Authorization letter so you can talk to me on behalf of my client. That was a week and 4 e-mails ago. WHERE ARE YOU FREDDIE MACSTERS? Having lunch with the Banksters?

As the woman at CHASE resource resolution center told me after hearing my story.."I'm sorry, Miss. Kelly. It appears you had a bad negotiator. Just re-load the offer and docs and hopefully, you'll get a better one next time." Wow..what a way to run a business. I did upload everything again, of course, because there is nothing else to do. Banksters, and Investors, do NOT want to help borrowers. They are all about their own false bottom lines.

Non-performing loans are just that..NON-PERFORMING. Get rid of them! Take the money and be done with it! What is so hard to understand about that?? Econ 101 students could do a much better job that the lot of you..

Oh, by the way, I got my HAFA certification last week. Wow, am I feeling fantastaic about how well Freddie and Fannie and all the other Banksters are going to implement this program now..