PennyMac Short Sale Faciliating a PennyMac short sale are not as common as working with some of the big name servicers such as Chase, Wellsfargo, Bank Of America, and Ocwen. PennyMac short sales can be initiated by faxing in the documents to the servicer or emailing...
Equator Carrington Mortgage Carrington Mortgage has recently begun using equator to facilitate their short sale transactions. Like Chase you will be unable to initiate a short sale transaction into equator yourself and you will need the lien holder to place it in...
SLS Short Sale Authorization Specialized Loan Servicing otherwise known as SLS is a mortgage servicer. When processing a short sale, loan modification, or any workout option on an account where you are not the borrower, you will need to obtain authorization. SLS...
Mortgage Debt Relief Act Extension 2014 The mortgage debt relief act extension 2014 was approved by the U.S. House Of Representatives today on December 3rd, 2014. This will protect homeowners from being liable to pay taxes on the 1099 for the deficiency amount when...
Ocwen Bankruptcy Short Sale Department When there is an active Bankruptcy on file a homeowner will be protected from foreclosure as long as the automatic stay has not been lifted. An automatic stay will be lifted if a Bankruptcy is dismissed, discharged, or if the...
