Comment

Comment by TOP END Properties on June 18, 2013 at 10:06pm

I have received a deficiency waiver from PNC as a second.  It all depends on the borrowers financial condition/assets.

Comment by TOP END Properties on June 18, 2013 at 10:04pm

In order to get the deficiency and promissory note removed .. you will need to prove that the seller has no money (now and in the foreseeable future).  They usually only make such requests if the seller has a lot of money in their bank account or liquid assets.

Comment by TOP END Properties on June 18, 2013 at 10:01pm

Portfolio loan means they are the investor ;)

Comment by Candace Curtis on October 18, 2012 at 6:25pm

Thanks, Donna,

PNC keep saying its a portfolio loan within PNC, and will not tell me investor info.   There's only one loan.  It hasn't had a foreclosure filing yet, so no atty to contact.  If you or anyone you know has any contact info for upper mgmt above the AVP in Miamisburg, I'll take it :)  THANKS A BUNCH!

Comment by Donna L. Peres on October 18, 2012 at 6:05pm

Your seller has the right to ask how the investor is on the loan.  If it PNC that holds the loan I would go right to the top.  Also it depends if pnc holds the first, second or both.  If the seller has received a foreclosure notification you can also call the attorney to gather more information on the investor and options to reach the right department

Good luck

Donna

Comment by Candace Curtis on October 18, 2012 at 4:43pm

HELP, HELP, HELP. Have been working with PNC on short sale. I am in FL. This is a second home for borrower. We have an offer, that's slightly above mkt value and PNC is asking seller for $27k to waive deficiency, they came down from $44k. The seller does not have any money, and large debt outside of this loan and a true hardship. He cannot come up with the $27k, and they are like a brick wall insisting they will foreclose if he does not agree. Buyer not willing to contribute further. I am dealing with Jean Sexton AVP in Miamisburg office. Is there anyone I can talk with or escalate this file to? Jean continues to say the "investor" will not come down any further. It's not Fannie/Freddie, so how can I find out who is the investor and to get to the right person to see if I can reason with them. Please advise if you can help. 386-451-5642

Comment by Cindy Billman, CDPE, SFR on August 8, 2012 at 10:26am

Thanks!

Comment by Donna L. Peres on August 8, 2012 at 10:20am

I can provide emails that may direct you to some advice, the emails are for seconds.  If charged off it may be easier dealing with them.  You can also contact the attorney assigned from the lender, I went that route and was successful.  I hope this helps

kevin.martinez@pnc.com

kelley.montuori@pncmortgage.com

jessica.daugherty@pnc.com

 

1-866-622-2657, ext. 66830

Comment by Cindy Billman, CDPE, SFR on August 7, 2012 at 8:09pm

Pre-approved short sale from BoA and they are the 1st lienholder - more than likely they will get a full payoff - the 2nd lienholder is PNC (OMG!) - PNC sent the borrower a notice stating that the loan has been charged off as a bad debt. Has anyone ever had PNC remove the deficiency judgment?  They had told borrower a few months ago that they would settle for $50k but the most they will get from the sale is $20k. If the deficiency judgment is not removed borrower will let it go to foreclosure. Any advice? Should I walk away from this one?

Comment by Jason M Halliday on June 5, 2012 at 12:51pm

Any one know if pnc has an e-mail address to initiate files yet?

 

• ‹ Previous
• 1
• 2
• 3
• …
• 5
• Next ›
• Page