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U.S. Bank Short Sale
U.S. Bank Short Sale Process Short sales can be tedious at times and a U.S. Bank Short Sale is often on the tougher side due to their slow moving nature and rigorous underwriting process. U.S. Bank will review a short sale and the borrowers financials to a degree that...
Bank Of America HELOC
Bank Of America HELOC Short Sale Help A Home Equity Line Of Credit (HELOC) is typically serviced in a HELOC department by the mortgage servicing entity. When processing a short sale with Bank Of America they use equator to facilitate their transactions. If the...
City Lien Demands To Write Offer
City Lien Demands To Write Offer We are facilitating a short sale currently that has a first mortgage with Wells Fargo and a subordinate lien with the City which appears to have been a down payment assistance program. An offer was submitted to the 1st and 2nd...
Wells Fargo Leaving Equator
Mortgage Servicer Wells Fargo Leaving Equator Wells Fargo has been facilitating short sales through the online platform offered by equator for quite some time and were one of the original users. Lately many files are being worked outside of Equator with Wells Fargo...
Wells Fargo Loan Modification Reentry
Finding Help Has Never Been This Easy. Wells Fargo Loan Modification Reentry Team Borrowers who are doing the loan modification song and dance to delay their foreclosure proceedings now have a real hurdle placed in the road for them by Wells Fargo with the rolling out...
Military Short Sale Relocation Incentive
Military Short Sale Relocation Incentive Military relocation incentives to borrowers when completing a short sale vary on numerous factors. One of the most important factors is the type of loan the borrower used to purchase the property. If they used a VA loan or FHA...
Green Tree HomePath
Green Tree HomePath Short Sale Green Tree is a mortgage servicer and anyone who has facilitated a few short sales with them may know that they predominantly service Fannie Mae backed loans. With this being said it does not come of a surprise that they will seemingly...
BAC Addendum
What is the BAC Addendum? The BAC addendum is a Bank Of America lender specific form required to be executed in order to facilitate a short sale. The BAC addendum consists of Bank Of America's Short Sale Purchase Contract Addendum and Real Estate Licensee...
Planet Home Lending Short Sale
Help Planet Home Lending Short Sale! Some short sales are tougher than others due to many factors. At times the mortgage lender and the representatives assigned play a big role in how smoothly a transaction moves. A Planet Home Lending Short Sale is often a hit or...
State Farm Short Sale
Processing A State Farm Short Sale Compared to the large mortgage servicers like Wells Fargo comparatively State Farm is very small and they may only service in house loans. Their servicing department seemingly only has a few representatives which can be construed as...