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I have recently had some problems with B of A up including upper management. They tell us that they are working in good faith to close short sales and then want more than market value. WE CAN NOT SELL FOR MORE THAN MARKET... I have many such cases of this. I have several problematic files that they have ignored and I can not bring attention to even after being escalated.
The standard of stay on the phone till you get a favorable answer has failed. Even e mails to the UPPER MANAGEMENT who I have gained access to through trade group contacts have gone silent. Fannie Mae and Freddie Mac are getting soaked for these losses. That is of course us as Fannie and Freddie are broke and owe us about 200 billion dollars.
So here is what I did... I sent them a Youtube Message.. If anyone here knows Mr. Monyihan have him give me a call I would love to talk to him. I think if he took the time or even has the background to understand the mortgage business things could change. Maybe Freddie Mac or Fannie Mae will pull their ability to do loans, if they can not get things together.
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