BrokerBryant.com: Limited Agency Changes for FHA HUD Short Sales

Limited Agency Changes for FHA HUD Short Sales

 

Good morning Superstars.

 

Here's a sampling of this week's Superstar discussions.

 

 

Reason for Default

Need some assistance. Can anyone confirm when initiating a Nationstar short sale in Equator, when selecting your “Reason for Default” is …

Started by Maurice Stover

7 14 hours ago
Reply by Maurice Stover

Loan Mod

Has anyone heard of an heir to a property being able to work out a loan mod on a property when not on the mortgage??? The heir is disabled…

Started by Sharon L. Ellsworth

7 17 hours ago
Reply by Reuben Dunn

Auction.com issue at foreclosure sale

I got asked recently why I, as a lender, would be on this forum. Granted, it's mostly agents communicating with their peers, sharing best p…

Started by Ron Scribner

1 yesterday
Reply by Wayne Brooks

New HUD PFS mortgagee letter prohibits dual agency????

New HUD PFS new mortgagee letter effective 10/1/13. HUD 2103-23. This Inman News article http://www.inman.com/2013/09/20/nar-hud-shooting-

Started by Tony and Robin Pickett

15 yesterday
Reply by Lori & G-II Klindera/Varrato I

Limited Agency Changes for FHA HUD Short Sales

Hi! Just received and email this morning from BofA that states as of Oct 1, 2013 an agent (nor broker) can represent BOTH seller and buyer…

Started by Elizabeth Nance

8 yesterday
Reply by Lori & G-II Klindera/Varrato I

Short Sale Approved, Now BOA stating Final HUD has to change, SBA not allowing it to change

Hello, I have a client with a first mortgage through BOA and the 2nd through SBA. The preliminary HUD was finally approved by both banks. …

Started by Peggy Kormylo

12 yesterday
Reply by Peggy Kormylo

Property is not Investor insured so denying short sale?

I have a short sale with WF and I was told this morning that the Investor (Deutsche bank) is denying the short sale due to it not being Inv…

Started by Karyn Mariscal

0 yesterday

Auction.com fiasco!

I have listing which was with B of A. I procured an all cash offer for 500k. The loan was transferred to nationstar they revalued the prope…

Started by carol pefley

2 yesterday
Reply by Shannon Noble

 

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Comment balloon 1 commentBryant Tutas • September 29 2013 02:35AM

Comments

Bryant - Thank you for sharing an excellent list of blogs and about limited agency changes for FHA HUD short sales.

Posted by John Pusa, Your All Time Realtor With Exceptional Service (Berkshire Hathaway Home Services Crest) about 5 years ago

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