Freddie Mac Escalations Anyone who has processed enough short sales knows that Freddie Mac(FHLMC) is one of the investors with the strictest guidelines. Due to these strict guidelines many times you will get pushed into a corner on one of your short sale...
Freddie Mac Participates In HAFA Most homeowner’s will want to participate in HAFA if they are eligible as it offers a cash incentive and assurance that they will not be pursued for their deficiency if a short sale is completed. It’s important to know that...
Carrington Mortgage Foreclosure Sale Date There a few lenders out there who have a reputation for not postponing sale dates and Carrington Mortgage Foreclosure Sale Dates are as hard set as they get. We have been advised that Carrington Mortgage almost never...
Ocwen Denies Foreclosure Postponement Requests Ocwen Loan Servicing is notorious for foreclosing on properties and for being difficult to communicate with due to their almost complete outsourcing to India. It’s important to know if Ocwen is your servicer that...
Service Release Error – False Alarm Lately everyone in the mortgage industry is experiencing or has at least heard about that Bank Of America servicing releasing a large volume of their loans. All appearances show that Bank of America is doing everything...
HAFA Program Offers Relocation Incentive And No Deficiency Judgment! The Home Affordable Foreclosure Alternative (HAFA) is a government sponsored program with up to a $3,000 relocation incentive to participate if qualified. The following are the main benefits to...
