Franchise Tax Board Lien Short Sale When processing short sales you may run into an Franchise Tax Board (FTB) lien on title. You should try to get authorized with theFTB right away. An authorization or FTB authorization is required for the FTB to speak to you. It’s...
Short Sale Guidelines Help! Short sale guidelines f differ depending on who the investor on the note is, potential mortgage insurer, and what type of short sale program the account must be reviewed for. There are a few distant investors, mortgage insurer’s, and...
Chase Eligibility Review When processing a short sale with Chase as the senior lien holder they will ultimately need to place the file into the equator platform to facilitate the transaction. Prior to this they will require that the short sale package be faxed in to...
Bank Of America Dedicated Agent Process Discontinued Bank Of America Escalations have just got more difficult as they have discontinued their dedicated agent process. Escalation specialists were assigned to certain agents and groups who handled a large volume of short...
Xceed Financial Credit Union Short Sale Help! Credit Unions often have stricter guidelines when it comes to participating in a short sale. Many times they will have a 5% commission cap for agents and many of them do not participate in the Home Affordable Foreclosure...
