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Equator Carrington Mortgage

Equator Carrington Mortgage Carrington Mortgage has recently begun using equator to facilitate their short sale transactions. Like Chase you will be unable to initiate a short sale transaction into equator yourself and you will need the lien holder to place it in...

SLS Short Sale Authorization

SLS Short Sale Authorization Specialized Loan Servicing otherwise known as SLS is a mortgage servicer. When processing a short sale, loan modification, or any workout option on an account where you are not the borrower, you will need to obtain authorization. SLS...

Mortgage Debt Relief Act Extension 2014

Mortgage Debt Relief Act Extension 2014

Mortgage Debt Relief Act Extension 2014 The mortgage debt relief act extension 2014 was approved by the U.S. House Of Representatives today on December 3rd, 2014. This will protect homeowners from being liable to pay taxes on the 1099 for the deficiency amount when...

Ocwen Bankruptcy Short Sale

Ocwen Bankruptcy Short Sale Department When there is an active Bankruptcy on file a homeowner will be protected from foreclosure as long as the automatic stay has not been lifted. An automatic stay will be lifted if a Bankruptcy is dismissed, discharged, or if the...

Freddie Mac Closed

Investor Freddie Mac Closed Holiday The holidays mean slower than normal processing time frames in the world of facilitating short sales. Freddie Mac is a Government Sponsored Enterprise and is one of the largest investors. Freddie Mac has some of the strictest...

Veripro Solutions

Finding Help Has Never Been This Easy. Veripro Solutions Veripro Solutions formerly known as NSM Recovery Services is a mortgage servicer that is a part of or vendor of Solutionstar. Solutionstar was created to provide real estate services to company's engaged in...

Bayview Loan Servicing

Bayview Loan Servicing As a mortgage servicer Bayview Loan Servicing is considered fairly large. When it comes to processing short sales Bayview requires these cases to be processed the traditional routes. This means the short sale packages are faxed and emailed in....

VA Short Sale

VA Short Sale A Veteran Adminstration Short Sale is commonly referred to as a VA short sale. When a borrower purchases a property with a VA loan and they have to complete a short sale it will go through a VA short sale review which is a specific short sale program in...

Tenant Protection At Foreclosure

Tenant Protection At Foreclosure If your landlords property is in the foreclosure process and you are living there, it can be a difficult and confusing time. Protecting Tenants at Foreclosure (PTFA) was created with the goal to assist renters in these unfortunate...

Dual Tracking Rules

Dual Tracking Rules

Dual Tracking Regulations The Consumer Financial Protection Bureau rolled out a rule and a few states have passed laws in recent years to restrict mortgage servicers from dual tracking. This means that a mortgage servicer cannot continue the foreclosure process if the...

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