I have been working on a short sale with wells for the last 7 months. At first the BPO came in for almost 500k and our contract is for 455k. I successfully challenged the BPO based on realistic…Continue
"We have an interesting case. The sellers attorney has filed a motion to go before judge based on the fact that dignified transition solutions ( a third party company hired by both bank of America and nationstar on same file) were negotiating the…"
"The whole process is rigged for profit but its just a time bomb ticking away, they are drawing too much attention to themselves at this point, cant see this nonsense lasting much longer. The superintendent at NYS Department of Financial Services is…"
"Is ocwen sending them the entire short sale package? If so I'm wondering how they can disclose the borrowers personal information to them without the owners consent? Crazy how Altisource is playing hardball with everyone."
"Your so right, they are not worth it. I have encouraged my sales people not to pursue these anymore, but this one file is going too far and needs resolution. Its a shame what they are doing for the sole purpose of self enrichment. I get such a kick…"
"Looks like we are getting nowhere with our file. We waited enough, filed formal complaints with NYS Dept of Financial Services and CFPB today. The more I read what's going on and conversations with the Ocwen and Altisource staffs, they really…"
"I agree, I have been fighting with Ocwen and Altisource on a file since March 2 and got nowhere. Now the sellers attorney wrote a strongly worded letter and only then has the file been escalated to management. Don't know if it will go in our…"
"This is getting crazy with Ocwen. Sent numerous emails to the escalations, my file is turning into one big ugly legal mess and now the attorney is starting to blame me. My client followed all instructions from Ocwen and was told file was going for…"
"It sounds like they are just using a play on terminology. Essentially they are accepting net proceeds of x amount and allowing sellers expenses of a certain amount from the gross price. So technically they are seller charges but are distributed from…"
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