here is a new one for me...

 

almost ready to have hafa approval from bofa but they are refusing until second approves

 

has anyone else had to deal with this?

 

was there a way around this?

Views: 34

Reply to This

Replies to This Discussion

You go to the 2nd and tell them that since the first is HAFA, BofA is only allowing $x to go to the 2nd for a full release and you need them to send you that in writing immediately.  Then you both laugh at the joke and hang up.  I've had issues with the 2nd agreeing to HAFA, ESPECIALLY if it is a Purchase loan or HELOC.  Unlike mortgages, those loans do not disappear with a foreclosure and so most 2nd's are unwilling to settle for peanuts and give up their collection rights.

 

Who and what is the 2nd and how much is BofA offering?

RSS

Forum

Ocwen Contacts Short Sale Package

Started by Jan Baron in Rants and Raves. Last reply by Anna Wilk Jan 14, 2016. 5 Replies

Shellpoint Mortgage

Started by Celeste ODea in General Discussion. Last reply by Brett Goldsmith Sep 4, 2015. 3 Replies

Extension Fees & Closing

Started by Colleen J Couse in Rants and Raves. Last reply by Brett Goldsmith Sep 3, 2015. 1 Reply

© 2019   Created by Mike Linkenauger.   Powered by

Badges  |  Report an Issue  |  Terms of Service