Homeward Residential (AHMSI)
Information
Short Sales with American Home Mortgage Services ces...servicing former Option One clients
AHMSI changed its name to Homeward Residential
Website: http://shortsalesuperstars.com/ahmsi
Members: 233
Latest Activity: Feb 15, 2015
Homeward Residential (AHMSI) Short Sale Information
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Financial_Analysis_for_Loss_Mitigation_Workout_Form.pdf
Short Sale Fax #:866-452-1837
website: www.gohomeward.com
Phone#: 877-304-3100
LOA Fx# 866-795-6529
Be prepared to have the short sale outsourced to PowerReo. Here's their agreement
About AHMSI Established in April 2008, AHMSI services residential mortgage loans, including traditional, Alt-A, interest only and subprime and is one of the country's largest servicers of sub-prime and Alt-A loans. The company is headquartered in Irving, Texas, and operates as well through locations in Irvine, Calif., Jacksonville, Fla., and Pune, India. As of October 30, 2008, it managed a portfolio of more than $85 billion. WL Ross, founded by Wilbur L. Ross, is a private equity firm based in New York City and currently oversees in excess of $5.0 billion in private investments. AHMSI is owned by several funds that are ultimately controlled by WL Ross.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayDXuthhd7kQ
http://www.housingwire.com/article/wilbur-ross-ahmsi-changes-name-adds-correspondent-lending
Discussion Forum
How can Homeward re: Power REO charge a 1% commission?
Started by Bryan Crabtree. Last reply by Kevin - Greenville, SC Feb 27, 2013. 3 Replies 1 Like
AHMI
Started by Joan Vaca. Last reply by Joan Vaca Feb 26, 2013. 3 Replies 0 Likes
Commission Reduced - Any suggestions???
Started by Mitzy. Last reply by Sherri Elliott Dec 3, 2012. 5 Replies 0 Likes
Comment Wall
Comment
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Comment by Kevin Kudrna on March 9, 2012 at 10:34am
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I'm trying to get a feel for how a short sale I have is going to play out. Conventional 1st with AHMSI and 2nd with Real Time Solutions. Homeowners completed a BK and are not willing to contribute if requested.
I just called and talked to someone at Real Time and explained the situation and the rep said they would ask for 10%, Real Time is owed a little over $100k
Do you have any thoughts on the feasibility of AHMSI allowing 10% and the 2nd accepting 10%?
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Comment by Pam Graham on February 29, 2012 at 8:55am
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Just a FYI on the 1% fee. AHMSI, charges the buyer 1% of the purchase price only if they own the loan.
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Comment by Brad Hatton on February 23, 2012 at 11:55am
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Does anyone have a better fax # for short sale docs? The one listed above is not working for me today.
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Comment by Wendy Smith on February 6, 2012 at 3:06pm
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these folks are precious - I have a HAFA approval letter, finally found a buyer willing to overpay for the property and the negotiator counters for an even higher price.
Incredible.
I'll scroll thru these posts, surely there is an escalation contact somewhere.
I'm sure this isn't the first time this has happened.
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Comment by Pacita C Dimacali on January 10, 2012 at 11:01am
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Thanks for the info! :)
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Comment by Kevin - Greenville, SC on January 10, 2012 at 10:30am
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This isn't my account. Just trying to help a friend.
Negotiator arbitrarily rejected offer without ordering a BPO. Was assigned to new negotiator who is impossible to reach.
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Comment by Bill Somerset on January 10, 2012 at 10:10am
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I was able to move a file quickly with Tiffany Anderson-Woods 877-304-3100 x66012 [email protected]
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It's a fixer ---which is why all cash buyer believed he can get it for less than list price. Another house similar in size, near this one, was totally redone, but with foundation issues was reduced to $299K.
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Did you ask why an interior BPO wasn't done?
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