When we did a lot of short sales with CitiMortgage back in 2007 and 2008 there were a lot of issues, bottlenecks, misinformation and hiccups. It was a lot harder to get one closed in those years because none of the servicers were prepared for the onslaught of short sales.
Nestor made contact with Jason Root who became our go to guy at Citi when the negotiators did not perform on our requests for short sales and also he jumped in to help us when we were trying to get the deficiencies waived by the servicer.
One day Nestor … (22 comments)
freddie mac: Freddie Mac and Fannie Mae- Blank Checks Are The Best Gifts!
- 12/29/09 09:52 AM
Freddie Mac and Fannie Mae- Blank Checks Are The Best Gifts Secretly behind closed doors on the eve of December 24th, while you may have been out shopping for that last minute gift for your loved one, perhaps you were tucking in your children or grandchildren, maybe you were wrapping the last of the gifts to place under your tree- the United States Treasury Department gave you and I a very special gift. You are really going to enjoy this gift. Now, I know that because you are in real estate that you may be thinking that this is a gift … (21 comments)
freddie mac: Freddie Mac- Is There Anyone There That Knows How To Read?
- 10/16/09 06:29 PM
Freddie Mac- Is there anyone there that knows how to read? Our last hope is that someone there in your office has the decency to respond to our many requests and the homeowner's many requests for help. Freddie Mac- You rejected a short sale work out program for this homeowner and we had 2 buyers ready to pay the appraised price for this property. Your appraisal came in below what the buyers are willing to pay for this house. Freddie Mac- The homeowner even hired an attorney to make sure there was nothing amiss in the short sale documents. You sent … (74 comments)
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