I have been trying to get an FHA file open since June 21, 2012 when it was imaged into the Bank of America system. For whatever reason I have not been able to get the file open even though they have…Continue
"First send your authorization to HUD, next day call them and explain about your deadlines. You can tweet to @BofA_HELP and maybe get them to get SS FHA off of their butts and out of the donut room, but don't count on it. HUD DOES want to…"
"I totally understand, we are in our Phase 2 of negotiations, and we have received 3 full price offers on the house, all 3 are conventional loans, and 1 is preapproved through bank of america, and yet our negotiator has yet to accept an offer, all we…"
"Nice to know I'm not the only one getting the run around by Bank of America on a FHA short sale. One of my files keeps getting switched around all over the place since April.
Playing Musical "Stage 2 negotiators" I suppose... pass the…"
"Bank of America has been an unbelievable nightmare getting an FHA PFS active. One case I'm working on now goes back to February when the seller went through the FHA "waterfall" and was closed out of Loan Mod. It finally comes to…"
I feel your pain! I have 3 FHA short sales with BOA. All 3 were submitted within days of each other in April. 1 is close to getting an approval letter, 1 just got the official Welcome Package and 1 we are still trying to…"
"There is a minor good side to this - BofA is starting to follow the FHA guidelines for starting a short sale. I've had files yanked and sent over to loan mod in the middle of a short sale because BofA didn't first check to see if the…"
"I am used to the closing officer having brains at BofA - it has been a while since I had an issue with the final HUD-1 - which could be attributed to the closer being a pinhead. My guess is that you have been hit by summer vacation and BofA is both…"
"My problem is that BoA will not return phone calls and I've been waiting on the negotiator to sign off on the final HUD-1. Buyer's and seller's have all signed but can't get the final HUD-1 approved.
"Lynn....register at Twitter.com and contact BofA thru there....their customer service is very good and we call them "Twitter Angels".
Update on my file...I got "contract approval" on 8/17"..it looks totally different that a…"
"Carol, I feel your pain. I submitted loan mod papers in April. In June HO still had not heard and called His third CRM and requested to be moved to SS status. We listed began marketing, got an offer and sent total package with cover letter asking to…"
"I've had the same problem here. I have had several SS's, one of which was 11 days away from closing.
I have worked hard for the past 2 to 3 years with people living for free, some times collecting rents to…"
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Carol Pease, ABR, CRB, CRS, e-PRO, GRI, SFR
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