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Help: Wilshire Files to B of A

Posted by Joel Fajardo on March 15, 2010 at 12:07pm

Has anyone else had his/her short sale file transferred from Wilshire Credit Corp. to B of A? I was told by Wilshire that B of A would honor all of their short-sale approvals, but B of A advised me that they do not have the file uploaded into their system yet and therefore cannot confirm such. If anyone else has dealt with this, please help. File is going to trustee sale on the 18th.

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Comments

Ryan Smith March 17, 2010 at 1:27pm

Congrats Joel. Now don't let them cut your commission!
Joel Fajardo March 17, 2010 at 12:43pm

They allowed me to continue my short sale with the Wilshire approval! Life is good!
Luis Ortega March 17, 2010 at 10:20am

BTW, my seller received an letter from BOA with the new loan number, if you don't have it, try with the property address and social security number
Luis Ortega March 17, 2010 at 10:18am

I had a file in the same situation with Wildshire approval, I had to iniciate the short sale in equator from scratch
Joel Fajardo March 15, 2010 at 1:38pm

Thanks. That is great. I will probably have to call you tomorrow then. I'll be in touch.
Ryan Smith March 15, 2010 at 1:37pm

If you don't have any luck tomorrow email or call me.....ryan@yourrealtorryan.com cell: 714-612-3963. I have a contact at B of A that may be able to assist. I'm assuming Wilshire is saying they cannot help at this point.
Joel Fajardo March 15, 2010 at 1:33pm

Yup, I have done all of this. I have called B of A's short sale department, foreclosure department, loan servicing department and a few others. No luck at all. Everyone is in the dark and says Wilshire's files have not been fully uploaded to their system yet.
Ryan Smith March 15, 2010 at 1:32pm

Who have you taken this up with at B of A? Do you have a legitiment offer on this deal? Have you called the Trustee to see if they can assist...who you should contact?
Joel Fajardo March 15, 2010 at 1:22pm

Hi Ryan,

I am in California. Still trying to get this postponed.
Ryan Smith March 15, 2010 at 1:17pm

Hello Joel. I have a similar situation. I was working with Wilshire Credit Corporation and was notified the new servicer was going to be Nationstar Mortgage. That was at the end of Feb. As of Friday, 3/12/2010, Nationstar still does not show the file in their system. It’s very frustrating. The 18th doesn’t leave you much time. What state are you in?