Countrywide Computer Sends Out Thousands of Short Sale Disapproval Letters In Error???

By
Real Estate Agent with Young Realty Group, Inc.

Wow, how unprofessional.  The computer sends out disapproval letters on pending short sales in ERROR.  Check with your sellers to see if they received one of these letters from the computer that was sent out around the 19th or 20th of February.  I was told by a short sale rep that this error occured for files still in workout and the borrowers should call and will be given an update on their files.  Wow, do you think Countrywide would have the integrity to send out short sale status letters?  How about sending out a letter stating that the prior disapproval letter is redacted?  NO WAY.  Countrywide needs to revamp their entire short sale process.

Lori Young, Realtor and CDPE

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Rainmaker
258,460
Pam Graham
All Real Estate Options - Jacksonville, FL
Jacksonville, Clay & St Johns Counties

Wow! They really have their act together. Just imagine all the stress they are going to cause to all parties involved.. for nothing!!

March 04, 2009 01:11 PM #1
Rainer
3,096
Alfonso Gomez
Gomez Real Estate Solutions - Diamond Bar, CA

That's correct! I had a couple of my clients calling me stressed out!! CHL is the worst, bottom line!

March 05, 2009 12:00 AM #2
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Rainer
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Lori Young

Broker/Owner
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