Short Sale Help
Short Sale Decline
Custom Mortgage Consult
Short Sale Guidelines
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
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 Escalations
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
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...
Financial Freedom Reverse Mortgage
Help Financial Freedom Reverse Mortgage Short Sale! Many agents and homeowners have never heard of Financial Freedom as a mortgage servicer as they seemingly only service reverse mortgages. Financial Freedom is a branch of OneWest Bank (formerly known as Indymac) and...
Are Short Sales Still Around?
People Always Ask If Short Sales Are Still Around! We are still dealing with struggling homeowners and short sales in a large volume on a daily basis. There are still too many homeowners struggling and properties underwater nationwide. There very well may be as many...
Agent Buying A Short Sale
Can An Agent Self Represent Themselves On A Short Sale? An agent can represent themselves on a short sale. At times the seller losing their home or the buyer is a Realtor, but it's important to know that the bank likely will not allow any commission towards the agent...
Nationstar Homesearch
Nationstar Homesearch Auction Nationstar is a mortgage servicer that uses the equator platform to facilitate their short sale transactions. Nationstar is also notorious for their use of Homesearch, an online auction site. Nationstar Homesearch transactions depend on...
24 Month Modification Rule
FHA 24 Month Modification Rule – What Are My Options? Housing and Urban Developments has strict guidelines when It comes to their work out options whether it be a short sale or a loan modification. One guideline that is imposed by HUD that we have seen coming up often...
PennyMac Short Sale
PennyMac Short Sale Help PennyMac Loan Services is a mortgage servicing company handling a wide range of accounts for many investors. Depending on the investor PennyMac does participate in the Home Affordable Foreclosure Alternative Program which offers up to $10,000...