Information

Saxon Mortgage

Phone 1-888-325-3502 Fax 817-852-2844 [email protected] Normal short sale package PLUS form 4056T request for tax returns

Members: 96
Latest Activity: Feb 23

Saxon Mortgage Short Sale Information

 

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Phone Numbers to top people at Saxon
Greg Gipson President Ph..817.665.7309
Courtney Kinnerman Assistant to the President...Ph 817.665.7323
Trina Higginbotham Vp of Loss Mitigation
Direct Phone..817.852.2117 (disconnected)
Fax...817.852.2830
Her [email protected]

https://www.saxonmortgage.com/common/home/

I heard some of this is outsourced to:
Hill Bridge Capital, LLC @ 866-241-1901

Discussion Forum

contact # for escalation dept. and the powers that be.

Started by Cassandra Cramer. Last reply by Dominique Van Ryckeghem May 2, 2012. 6 Replies

The numbers that are listed on the Lender info page are incorrect.  Does anyone have better numbers and contact info?  I have a short sale that is being dragged out and would like to get it…Continue

Saxon payoff settlement?

Started by Gene Montemore Aug 29, 2011. 0 Replies

(I apologize in advance as this was posted twice) Hello, I am an Arizona Realtor, and personally have a Saxon-acquired mortgage (originated by Amtrust). I am interested to know: 1) If anyone has any…Continue

Tags: payoff, Saxon

Saxon Asking for None Refundable Deposit before they will hold off Trustee Sale?

Started by Sylvia Barry. Last reply by Renee Feb 11, 2011. 1 Reply

Has anybody heard of Saxon asking for none refundable deposit before they will hold off a Trustee Sale?  We have a great offer and we are asking for short sale approval from them.    The sellers sure…Continue

Saxon changes locks while property still listed for short sale!

Started by Sherrilee Denton. Last reply by Renee Nov 26, 2010. 3 Replies

My short sale listing was just recently transferred from AM Trust to Saxon for servicing.  I've had the short sale listing for over a month and Saxon is in receipt of my short sale file (no offer…Continue

Tags: Denton, negotiation, expert, realtor, Sherrilee

Comment Wall

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Comment by Gene Montemore on August 29, 2011 at 4:43pm

Hello, I am an Arizona Realtor, and personally have a Saxon-acquired mortgage (originated by Amtrust). I am interested to know:

 

1) If anyone has any knowledge of how much these notes were acquired for.

2) If anyone has any knowledge of payoff settlement.

 

The home is worth approximately $65,000 and the loan is for $200,000.

 

I am also considering shorting it, but will they allow this if I am not behind, and have money in the bank?

 

Any help is greatly appreciated.  Thank you in advance!

 

Comment by Bobbie Files on April 18, 2011 at 10:13am
Hi David,  The lenders (in my experience) do not care what their total debt is.  The question that I see a lot and how in my experience the mod needs to be structured, is that if the 1st is above 31% of their gross income than they are a mod candidate.  If it isn't than they really aren't.  I have seen some lenders flex on a mod due to high medical expenses, but not just for a seller with high debt.
Comment by Bobbie Files on April 18, 2011 at 10:09am
What is with the phone number CONSTANTLY being busy??? An irritant to have to go thru all their numbers to get a live body....than you beg NOT to be transferred!! For updating to the system above, the extension # you want to enter is 115530
Comment by Kevin - Greenville, SC on February 21, 2011 at 7:52pm

A caller on the Dave Ramsey show today commented on how they were offered (unsolicited) by Saxon to settle their mortgage/note for $40,000 when they owed around $140,000 if they could come up with the money in 30 days.  

 

They were not late on their payments and the property is located in Florida.

 

Maybe Saxon purchased their note from the FDIC for .10 cents on the dollar and are just looking to generate cash.

 

Any thoughts? Similar experiences?

Comment by David Dee on January 13, 2011 at 10:50pm

Anyone has success doing a loan mod with Saxon? I was helping a nice lady with her mortgage situation and we found today that Saxon denied the loan mod due to insufficient income. The income submitted was 8k and their expenses were 6k. They have an ARM loan and so this should be a good candidate for a loan mod as the owner wants to retain her home. Anyone able to help a homeowner modify a successful loan with Saxon? I'm just puzzled at why it took them months to review and came back with this outcome.

Comment by Cindy Jones on December 8, 2010 at 1:37pm
PMI company still holding the line and not even providing owners with a counter-offer to our offers. Now want to know if they should "close the file". Owners don't have the cash or want to be stuck with a huge promissory note. We seem to be at a crossroads. Next step could be bankruptcy. Any suggestions on last minute options? Never had a lender ask for this type of compensation or be so unwilling to discuss reasonable compromise.
Comment by Angela Pitre Reddy on November 29, 2010 at 12:42pm
I finally got a HAFA approval from Saxon with $3k going to the seller at closing and just think I have only worked on it since July...
Comment by Joe Barnwell on November 24, 2010 at 5:57am
That seems excessive.... I'm assuming it must be due to the PMI company. What PMI company is it?
Comment by Cindy Jones on November 23, 2010 at 3:01pm
Saxon just gave us their offer. $15,000 CASH and $60,000 promissory note. Excuse me? Said this is from PMI company to "cover their losses." Anyone had this type of response from Saxon?
Comment by Cindy Jones on September 21, 2010 at 6:57am
Please update SS Package fax number to 1-888-240-1885.
 

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