Just got a file with a second lien holder named Loan Care. It's a first for me. I guess they are a GMAC equity line sell off. They describe themselves on their site as "full service subservicing and interim subservicing" - Sounds like i'm dealing with a middleman...(sigh)
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Smitty - I have, but it was a couple of years ago. I remember they seemed like a small company, or it felt like it, in a good way.
Ok, great. They SEEM to be short sale friendly. They have a section on their site that addresses it. Thanks Wendy!
Just did one with Freedom Mortgage that the sent to Loan Care. Very professional and decent. It took over a month for a rep to be assigned and for the value to be ordered though.....
Does anyone have the fax number for Loan Care? Or number that is best for them for short sales?
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