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Michael Ford
  • Loss Mitigation Specialist
  • Tulsa, OK
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Getting a Variance with HUD? Need Your Help!

Michael Ford
  • Loss Mitigation Specialist
  • Tulsa, OK
Posted Apr 25 2011, 07:18

Received an approval to participate letter from HUD. Our buyer adjusted the purchase price and resubmitted the offer to Wells Fargo.

Wells Fargo is now stating that according to HUD it will require the ex-wife whom is on the mortgage but not the note to sign all documentation that the Husband has signed prior to issuing an approval letter.

We have sent the divorce decree and quick claim deed from the Ex to the other spouse.

Wells Fargo has rejected all variances requests?

Any thoughts, comments, ideas, how we may be able to get a variance or by-bass this request?

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