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How is everyone getting leads and building their pipeline?
Started by Luther Fisher in Short Sale Discussions. Last reply by Ben Benita Oct 18. 6 Replies 0 Likes
Short Sale with a Home Equity line as a second lien holder
Started by Edily Garcia in Short Sale Discussions. Last reply by Ben Benita Oct 9. 4 Replies 0 Likes
CALIBER HOME LOANS
Started by OFELIA SIERRA in Short Sale Discussions. Last reply by Brett Goldsmith Sep 24. 3 Replies 0 Likes
Can the IRS $500,000 allowable net proceeds for a married couple from primary residence be used to offset 1099C income from a short sale?
Started by Pat Hood in Short Sale Discussions. Last reply by Pat Hood Sep 12. 4 Replies 0 Likes
QUICKEN
Started by Bill Garrett in Short Sale Discussions. Last reply by Ben Benita Oct 9. 2 Replies 0 Likes
Does additional Buyer contribution to junior lien need to show on first lien's approval letter?PLUS the HUD?
Started by Pat Hood in Short Sale Discussions. Last reply by Pat Hood Aug 17. 2 Replies 1 Like
OCWEN NIGHTMARE!!!!! WONT initiate a file it is an Estate! And now put it on auction list!
Started by Elliot Ambalo in Short Sale Discussions. Last reply by Brett Goldsmith Jul 25. 3 Replies 1 Like
Preliminary Seller's Disclosure Form Rejection: Bad Math or A Bank Negotiating Tactic
Started by Julian Cover in Short Sale Discussions. Last reply by Smitty May 28. 2 Replies 1 Like
Short pay off with ocwen & Shellpoint / shell point
Started by Elliot Ambalo in Short Sale Discussions. Last reply by Smitty May 28. 4 Replies 1 Like
Shellpoint / Shell point refusing to order there own BPO or Appraisal.
Started by Elliot Ambalo in Short Sale Discussions. Last reply by Darren Bell Jun 12. 1 Reply 1 Like
Blog Posts
Looking for florida Lic agent in Orange county
Posted by Nina Jihee Yoo, CDPE on July 31, 2018 at 6:27pm 0 Comments 0 Likes
Short Sale with HERO Assessment
Posted by Tony Morales on April 9, 2018 at 12:59pm 3 Comments 0 Likes
Sorry.....There's Just No Such Thing As A Great "But"!!!
Posted by Ben Benita on January 28, 2018 at 5:30pm 0 Comments 0 Likes
Nationstar is now Mr. Cooper!
Posted by Brett Goldsmith on September 12, 2017 at 8:45am 1 Comment 1 Like
HUD lien junior to the first mortgage.
Posted by Edward Goldfarb on July 18, 2017 at 1:47pm 4 Comments 0 Likes
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Tony Morales replied to ash lomont's discussion SPS 2nd mortgage in the group SPS Select Portfolio Servicing, inc"I just got off the phone with Freddie Mac who stated that is their guideline but then said that the servicer can ask fort an exception. Then I called my contact at Wells Fargo as they service
FM loans too. he stated FM will always decline a…"
Brett Goldsmith replied to ash lomont's discussion SPS 2nd mortgage in the group SPS Select Portfolio Servicing, inc"ch 7's don't typically discharge mortgage liens, that's typically a motion when someone does a ch 13 and is going for a discharge.
I feel like we may have gotten an exception from Freddie Mac or Fannie Mae once to allow…"
ash lomont replied to ash lomont's discussion SPS 2nd mortgage in the group SPS Select Portfolio Servicing, inc"HI guys thanks for your input. The 1st is owed way more than the property is worth so the 2nd will not get any $$$. I have worked on this deal for a year we have escalated and filed complaints with Consumer finance protection bureau and Omsbudsman…"
Brett Goldsmith replied to ash lomont's discussion SPS 2nd mortgage in the group SPS Select Portfolio Servicing, inc"Tony, just because a 1st is foreclosing does not mean a second will get 0 at foreclosure. This depends on amounts owed vs what the home sells for at auction."
Tony Morales replied to ash lomont's discussion SPS 2nd mortgage in the group SPS Select Portfolio Servicing, inc"Brett, The 1st is foreclosing, not the 2nd . So 2nd is aware that gets 0 if goes to auction"
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