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United Guarantee Corp

1-800-334-0296

Location: 230 N Elm Street # 1200, Greensboro, NC 27401
Members: 22
Latest Activity: Jan 22, 2016

Discussion Forum

Does the MI company have the legal authority to discharge the lien?

Started by Andrew Coppo Feb 15, 2011. 0 Replies

I am dealing directly with the MI company b/c the 2nd lien holder "charged off" the loan. What legal authority does the MI company have to discharge the lien upon receipt of the agreed upon payoff…Continue

Tags: Insurance, Mortgage

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Comment by Patrick McNeley on October 4, 2012 at 11:45am

Does anyone have contact info to escalate a file with United Guarantee?  I have a file approved by servicer and they are asking seller to sign note for $23,000 and bring $6,500 cash to closing.  Sellers have $1,600 in checking account and a few hundred in savings on the last bank statement.

The offer is $11,000. above the appraisal done by the loan servicer (Midland mtg).

Sellers income has been cut by 40%.


United Guarantee say because the Seller moved out and now it's investment property (purchased as a residence) that they need to bring cash to close.


My Seller has offered $500 cash and a note for $1,500.  Haven't had a response yet but would like management to see that the hardship is genuine and this sale is as much as they could hope for.

Thanks to anyone who can help.

Pat

Comment by David Guthrie on January 20, 2011 at 3:04pm
United Guarantee as a 2nd. BofA as the first... Well see lol
Comment by Dawn Barrier eXp Realty Vegas on August 5, 2010 at 9:36am
I rec'd a UG short sale approval in 2 weeks! Lets hope the 1st will agree as well!
 

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