Ocwen Verbal Authorization Mortgage servicers have different guidelines when it comes to having a 3rd party to the loan authorized on a borrowers mortgage account. Some lenders require it to be emailed, faxed, or even notarized and sent in. Some lenders will allow a...
Short Sale Programs There are many different short sale programs. The main factors in determining what program you will be required to be reviewed for are the following: What type of loan was used to purchase the property? ( FHA, VA, Conventional.) Who is the investor...
Public Service Credit Union Short Sale There are many mortgage servicers in this industry. Public Service Credit Union is a smaller servicer which can be a double edged sword in the world of processing short sales. The positive aspect is that they are not as busy and...
Nationstar Uses Auction.com What is Auction.com? Auction.com is an online platform to auction homes used by mortgage servicers, but primarily Nationstar Mortgage Servicing. Nationstar states they at times require to utilize Auction.com during its short sale...
NYCB Mortgage Settlement New York Community Banks mortgage division is known as NYCB Mortgage. If your mortgage servicer is NYCB and you have a 2nd lien with them that is delinquent or charged off, a NYCB mortgage settlement can be attempted for review. Depending on...
Anyone who has participated in a short sale knows that it can be highly stressful and that it is not always a quick process. The fact is processing a short sale efficiently takes a lot of experience and is continuously changing. ARE THERE COMPANIES THAT PROVIDE SHORT...
