PMI Companies & Short Sales Discussions (13)

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Triad Guaranty Insurance Corporation-Phone-800.451.4872 Fax-336.723.1001

* Mortgage through Indymac. PMI coverage 30% by Triad Guaranty. * Indymac approval letter had a condition requiring a $5k note to Triad Gua…

Started by Stephanie Lim

14 Aug 1, 2012
Reply by Donna McClelland

flat out "NO" from MI

I've havent had a short sale where the MI (Triad) flat out says no. No conversation about a note or contribution. I had the seller call Tri…

Started by Amanda Pittman

1 Jun 19, 2012
Reply by joe beauchamp

MI payoffs and the new CA laws

  Currently negotiating with the MI company directly.  my seller is slightly stronger than most distressed sellers, it is a job relocation…

Started by Danny D

0 Sep 20, 2011

BOA short sale approved but now MI co saying they can't approve due to seller ability to pay! Arrgghh

Triad. The same evil concubine continuing to wreck havoc on every short sale they touch.  Just learned from my negotiator at BOA that the M…

Started by Eddie Petrie

4 Aug 28, 2011
Reply by Mike Sher

counter offer from MI company through equator.com

I had an offer approved by BofA through the Equator system.  We were waiting on the MI company to make a decision and receive the final app…

Started by Jean Beymer

19 Apr 4, 2011
Reply by Thu Vu

Just say, "No"!

That's right.  When the servicer asks your client to sign a promissory note or bring money to closing, just say, "no".  I received this tip…

Started by Justin Berry

2 Feb 10, 2011
Reply by Melanie Ross

What's the deal with MI?

Can someone break it down for me why the MI company has the authority/ability to deny a short sale or demand payment from the borrower?  I…

Started by Stacey Wilson

0 Feb 10, 2011

Old Republic Insured Credit Services

Interesting situation. Have M&I as the second on a short sale under contract. M&I has not given us anything to work with but I can…

Started by Stephanie Lim

6 Feb 3, 2011
Reply by Anna Boyd

Benefit of giving cash contribution if they won't write off deficiency?

I am in middle of negotiating a second with MI involved through BOFA.  First is also BOFA.  They wanted $5000 CASH and $5000 promissary.  W…

Started by Kathy Batterton

8 Dec 31, 2010
Reply by Anna Boyd

MI Co. making unreasonable demands

Our file was just closed resulting from the Seller not agreeing to sign a $25k, 15 yr prom. note. Now that our buyer has moved on and knowi…

Started by Jeffrey Thomas Lawrence

4 Nov 5, 2010
Reply by Jim Schneider

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