Random question+BofA - Loan Modification Forum

Skipper · 08-20-2009, 08:49 AM

I am curious, does anyone knows if the assigned "negotiator" for a BofA MHA modification request makes sure that the request meets the requirements (reviews income/expense and has all pertinent questions answered) for Freddie or Fannie, prior to the actual submission for approval?

I would really appreciate any thoughts....

Skipper

Evan Bedard · 08-20-2009, 09:29 AM

Hi Skipper,

Yes from my experience dealing with CW the negoitator must review your entire financial situation before your case goes to the investor for approval..

Skipper · 08-20-2009, 09:50 AM

Quote:

Originally Posted by Evan Bedard

Hi Skipper,

Yes from my experience dealing with CW the negoitator must review your entire financial situation before your case goes to the investor for approval..

Thanks Evan,

The anxiety from waiting for a response has me conjuring up all kinds of things. The reality is that I have been forward with all of my income (working with HUD on the original submission) and expenses, and I have made myself available for any the negotiator may have. So far, nothing.

I hope this indicates a positive outcome from Freddie!

Skipper

Evan Bedard · 08-20-2009, 10:37 AM

Me too Skipper. Good luck and keep us posted!

08-20-2009, 08:49 AM	#1 (permalink)
Skipper Senior Member Join Date: Jul 2009 Posts: 247 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Random question+BofA I am curious, does anyone knows if the assigned "negotiator" for a BofA MHA modification request makes sure that the request meets the requirements (reviews income/expense and has all pertinent questions answered) for Freddie or Fannie, prior to the actual submission for approval? I would really appreciate any thoughts.... Skipper

08-20-2009, 09:29 AM	#2 (permalink)
Evan Bedard LoanSafe.org Homeowner Guide Join Date: Aug 2007 Location: Southern California Posts: 2,168 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Random question+BofA Hi Skipper, Yes from my experience dealing with CW the negoitator must review your entire financial situation before your case goes to the investor for approval.. __________________ Keep Fighting! Evan Bedard LoanSafe.org Support Team Please donate via paypal to LoanSafe.org to help keep this forum going The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.

08-20-2009, 10:37 AM	#4 (permalink)
Evan Bedard LoanSafe.org Homeowner Guide Join Date: Aug 2007 Location: Southern California Posts: 2,168 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Random question+BofA Me too Skipper. Good luck and keep us posted! __________________ Keep Fighting! Evan Bedard LoanSafe.org Support Team Please donate via paypal to LoanSafe.org to help keep this forum going The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.

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