Processing A State Farm Short Sale Compared to the large mortgage servicers like Wells Fargo comparatively State Farm is very small and they may only service in house loans. Their servicing department seemingly only has a few representatives which can be construed as...
Carrington Mortgage FHA Short Sale The Pre-foreclosure sale program which many refer to as a FHA short sale has a different set of guidelines due to being backed by HUD. Carrington Mortgage FHA loans will be required to be processed for a loan modification prior to...
Huntington Mortgage Short Sale Huntington Mortgage is one of the larger banks in Ohio and is where their headquarters is located. They also operate in Indiana, Kentucky, Michigan, Pennsylvania and West Virginia. When dealing with distressed homeowners in these areas,...
Caliber Home Loans 15 Day Rule When it comes to beginning a short sale right before a set foreclosure sale date many mortgage servicers have guidelines in regards to the time frame a short sale review must be open before an auction date. Caliber Home Loans 15 day rule...
Fannie Mae Deed-In-Lieu At times a Fannie Mae short sale will not work out for multiple reasons. The most common reasons are that the borrower is current on their mortgage, can afford the property, or Fannie Mae’s valuation of the property is too high and an...
