I am having difficulty getting Chase to recognize the existence of a 2nd lien (and HELOC) on two different properties. This is the second time in less than a month where the lack of acknowledgement…Continue
"Chase probably still has it with their bankruptcy department. You may want to ask to speak to their bankruptcy department & make sure they also have a copy of the signed motion to sell. Also, you may want to have the seller's attorney write…"
"Thank you for responding. I have tried to escalate it & am still being told that it is too close to sale date because investor claims not enough time for a valuation. I told them if you are going to sale you must have a valuation. I will tweet…"
"My client has been trying for a modification for over a year and received a Notice of Trustee sale on October 1st. Client never received a formal rejection of loan modification. Does Bank of America still offer borrowers option of doing…"
I have been processing a short sale for a client with first lien holder at Roundpoint & sent authorization and complete package nearly two months ago. There is a possibility that our offer may yield enough for a complete payoff but have been unable to get Roundpoint to return calls either to me or title & escrow when they send their demand request of payoff. There is only the one phone number listed and you are never allowed to stay on hold & must leave messages. I have left…See More
"I have just encountered a situation where we lost a short sale buyer and received a hard decline from BofA. Normally, when I receive an offer, I just reinitiate in the Equator system However, even though only three weeks had elapsed from…"
"On Chase 2nds, it depends upon where the file is located. If it is in Chase Recovery, the process is fairly fast once you get the approval from the first. If the file has been outsourced, it could take longer to locate. Chase 2nds…"
"Did you or your seller receive a written response denying the HAFA eligibility? Who is the investor? If you can determine the investor, you may be able to contact them directly to make sure they are aware of what the servicer is saying…"
"So the update on my year long Ascension Capital Group on a ***NON-REAFFIRMED bankruptcy debt ***issue is that ASG had an entire year to locate the second and negotiate it. After 7 months, a trip to the top of Chase and a trip to the top of…"
"As both Thom & Eric indicated, there will be a buyer eventually - price, staging, etc. You need to look hard at the pending in escrow comps & see how long they were on the market and then bring your price at least 5% less than the…"
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