Deficiency Judgments After Short Sale Completed When processing a short sale it is very important to know whether or not the bank may pursue the borrower for a deficiency judgment after a short sale is completed. If deficiency judgments are allowed in the state the...
Equator Update Changes Tasks It’s about time this update has rolled out for Well’s Fargo equator system as previously it was a tedious process of uploading a large volume of documents and completing task after task. This new update seems promising with...
What is a charged off account? When there is a Junior Lien (secondary mortgage) that is delinquent more than 120 -180 days a creditor may choose to charge-off the debt owed. A charge-off is the declaration by a creditor that an amount of debt is unlikely to be...
