Relocate to Wisconsin : Maybe just Maybe ...Regulation is a Good Thing Mr. Lender/Investor

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

  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.

                     

 

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


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Comment balloon 9 commentsSally K. & David L. Hanson • March 13 2017 03:51PM

Comments

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?

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) 7 months ago

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

Posted by Anita Clark, Realtor - Homes for Sale in Warner Robins GA (ColdwellBanker SSK Realtors ~ 478.960.8055) 7 months ago

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  . 

Posted by Scott Godzyk, One of Manchester NH's Leading Agents (Godzyk Real Estate Services) 7 months ago

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

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) 7 months ago

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!!!

Posted by Dorie Dillard, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.346.1799) 7 months ago

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

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) 7 months ago

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.    

Posted by Michael Jacobs, Los Angeles Pasadena Area Real Estate 818.516.4393 (Coldwell Banker Residential Brokerage) 7 months ago

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

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) 7 months ago

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.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) 7 months ago

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