Started Sep 17, 2015 0 Replies 0 Likes
Recently uploaded initial documents for Short Sale on HomePath for property with FNMA as ultimate lender. Two weeks later, nothing. I filed a request for escalation to get BPO. SHOCKING!! I got a…Continue
Started this discussion. Last reply by Smitty May 27, 2015. 6 Replies 0 Likes
The Govt. requires the secondary lender to provide a waiver to pursue a deficiency judgment against the borrower. The secondary lender, Citi Mortgage, refuses to agree. Any one find a way around this…Continue
Started this discussion. Last reply by Brett Goldsmith Oct 10, 2014. 1 Reply 0 Likes
Any one know if M & T engages a bidding site (Ocwen etc) and do they use Equator?ThanksContinue
Started this discussion. Last reply by Alfred R Wetzel May 16, 2014. 6 Replies 0 Likes
Since the listing agent's agreement with the auction agent has an expiration date tied to the listing agreement expiration date, it seems to me that the shorter the listing agreement the less…Continue
Posted on April 24, 2015 at 5:22am 0 Comments 0 Likes
1st mortgagee, PHH is requiring Citi, 2nd Mortgagee to provide Deficiency Waiver. PHH is giving defiency waiver. Borrower is investor recently discharged from bankruptcy. Citi, who is getting the usual $6,000 says no.
Since PHH is not giving waiver out of the goodness of their heart I'm assuming the borrower bankruptcy is the reason. If so anybody have an opinion why Citi is unwilling?
Posted on June 2, 2014 at 6:22am 1 Comment 0 Likes
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