Maybe just Maybe ...Regulation is a Good Thing Mr. Lender/Investor

By
Real Estate Agent with Keller Williams 414-525-0563 57026-90 Broker

  Less government...less regulation is a good thing, 'right ?  Most things applied universally...in the always and never category...don't always and never turn out to be accurate or appropriate in every situation.  While short sales may not be as prevalent as they were when we had 36 at once...and there are certainly other issues that lenders and investors "design" because they caAlways and nevern....and there is no regulation...no consequence to what they do or do not do...so just do whatever you wish without regard to common sense, the injury to the people they once valued as customers and to Realtors who choose to work 10 times as hard as they do in a "traditional" sale to save them money.

   Today....in which I wish was a last straw situation...Last strawthe wonderful servicer (Lender) required...because they could...a notarized copy of my  real estate broker's license.

 

                              'Really ?

 

   I am sure that the MLS listing with my license number certainly could be fraudulent...That Investors should be able to play "hide the net number"....that the VA should have loans with no "bottom line" control over the servicing lender..that there are no timelines...that distressed Sellers be required to jump through hoops that make no sense...because "it's required" when clearly one person cannot afford the mortgage payments.
   Should I get an audience....some communication with

Michael Crapo (there is some irony here if this is pronounced with a short a)

 

    The VA....all the way to DC...doesn't care or "fends care" but claims this "just happens" and does nothing to take control of a policy/procedure that allows

investors  to play  "hide the bottom line and throw disabled veterans into foreclosure.  Should I call recently confirmed David Shulkin, secretary of 

Veteran's Affairs and tell him the well being of disabled vets SHOULD be a concern ?

     Does the CFPB  (Consumer Financial Protection Bureau)  have any real power....If you can believe their website it says in part:

We are the Consumer Financial Protection Bureau, a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly.

      Are there people...agents, lenders, title companies, brokers who CARE

enough to want action that are members of Active Rain...that read this post...OK Rant...for people who know me...you know rant is NOT me...but golly geez whiz.....let's get it together people....and let's have this whole lender/investor area be BY THE PEOPLE AND FOR THE PEOPLE WHO NEED IT MOST ! 

 

This is what we hope will be a very PUBLIC

ACTION Message from David L. & Sally K.

Hanson, Broker Associates, Keller Williams.

                     

 

Posted by

Sally K. & David L. Hanson, ABR, CDPE, CSS, e-Pro,ILHM, REDS


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Ambassador
3,328,518
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Most real estate commissions provide license numbers on their websites. If they don't trust you they could check there. It's ridiculous isn't it?

Mar 13, 2017 10:43 AM #1
Rainmaker
2,090,665
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Sally: Definitely a petty request that should/could have been avoided. It is frustrating when things like this happen!

Mar 13, 2017 11:55 AM #2
Rainmaker
2,427,966
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Yes, I have been asked for my real estate license but never notarized as they can easily look it up on the state web site. The however part of short sales is the bank does not want to do them. They only lose money. When it comes to government workers, most do not care Sally K. & David L. Hanson  . 

Mar 13, 2017 01:20 PM #3
Ambassador
3,283,052
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Sally and David you have been going through a very frustrating transaction.  I wonder what they will ask for now.

Mar 13, 2017 03:38 PM #4
Rainmaker
3,178,965
Dorie Dillard
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good evening Sally K. & David L. Hanson ,

I have to admit that would be the icing on the cake in the transaction you are involved in! Crazy!!!

Mar 13, 2017 04:55 PM #5
Rainmaker
2,463,493
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sorry to hear you are going through a difficult transaction, this brings back nightmares of four or five years ago for me... gratefully I do not have to deal with this anymore...Endre

Mar 13, 2017 10:42 PM #6
Rainmaker
2,762,386
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Sally and David --  a true OMG moment that I'm sorry you have to experience. Counting to ten, breathing deeply and the occasional swear word might test your patience....be strong.    

Mar 14, 2017 08:34 AM #7
Rainmaker
1,104,615
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

I'm convinced too many simply do not care ... do not know their jobs ... do not know the responsibilities that come with them, Sally K. & David L. Hanson ... and there are simply too few consequences meted out when things are done .. or go wrong.  It about makes my head spin at times.  Sounds like yours is going around 360 degrees at about 100 mph right now ...

Gene

Mar 14, 2017 02:37 PM #8
Rainmaker
3,897,819
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Sally and David.  I'm afraid that throwing away regulations to help streamline business opportunities may do more harm than good in some cases.

Mar 17, 2017 04:10 AM #9
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Rainmaker
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Sally K. & David L. Hanson

WI Realtors - Luxury - Divorce - Short Sale
For All Things Wisconsin Real Estate...Call the Hansons
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