Evelyn Blanks
  • Female
  • Rancho Cucamonga, CA
  • United States
  • CA
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Evelyn Blanks's Discussions

1099 (Forgiveness of Debt) Issued, Can Lender Still Try To Collect

Started this discussion. Last reply by Wendy Rulnick May 14, 2012. 3 Replies

My Sellers were sent a 1099 (Forgiveness of Debt) in March 2010 on a second loan for the full amount of the 2nd loan.They filed with their tax returns.  We are now short selling the property, and the…Continue

 

Evelyn Blanks's Page

Latest Activity

Evelyn Blanks added a discussion to the group Seterus (LBPS)
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Seterus Uniform Borrower Assistance Form/Third Party

Hi does anyone have the most recent Uniform Borrowwer Assistance Form and Third Party Authorization for Seterus.    I spoke to them yesterday and they directed to me to their website - but for some reason I can't open those 2 attachments.    If you do have them can you email them to me to evelyn@inlandempiregroup.comThank youSee More
Apr 6
Evelyn Blanks joined Bill Black's group
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Seterus (LBPS)

IBM put 1.3 Billion into this arm of the business... let's see how productive that was?See More
Apr 6
Daniel Sandoval replied to Evelyn Blanks's discussion Ocwen in the group OCWEN
"ive closed 2 current transactions with relocations...hafa...and client was current. They dont qualify them or anything. Just submitt the package with offer and its a slam dunk. 60 days or less. "
Jul 1, 2016
Dean E Eshelman, CPA, CDPE, IRES replied to Evelyn Blanks's discussion Ocwen in the group OCWEN
"Should be able to. Relocation is away from the area; He is struggling to make payments due to financial hardship; are in danger of becoming deliquent."
Jul 1, 2016
Evelyn Blanks added a discussion to the group OCWEN
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Ocwen

I have a short sale listing with Ocwen (2 loans)  mortgages are current.  Can he do short sale, even though he is not delinquent and does Ocwen allow a relocation incentive.  This is my first rodeo with Ocwen...Thank youSee More
Jul 1, 2016
Evelyn Blanks joined James ferebee jr's group
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OCWEN

Ocwen short sale informationThis group is for information, tips and solutions for OCWEN short sales.See More
Jul 1, 2016
Evelyn Blanks joined Wendy Rulnick's group
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Bank of America Short Sales

This group is for information, tips and solutions for Bank of America Short Sales.  See More
Feb 13, 2014
Wendy Rulnick replied to Evelyn Blanks's discussion 1099 (Forgiveness of Debt) Issued, Can Lender Still Try To Collect
"Evelyn - I would advise the sellers to contact an attorney.  "
May 14, 2012
Evelyn Blanks replied to Evelyn Blanks's discussion 1099 (Forgiveness of Debt) Issued, Can Lender Still Try To Collect
"Thank You Wendy, The 2nd  lienholder told me they "thought" the property had foreclosed."
May 14, 2012
Wendy Rulnick replied to Evelyn Blanks's discussion 1099 (Forgiveness of Debt) Issued, Can Lender Still Try To Collect
"Evelyn  - More background for the group - Why was a 1099 issued in March 2010?  Did the seller "settle" with the second lienholder then?"
May 14, 2012
Evelyn Blanks posted a discussion

1099 (Forgiveness of Debt) Issued, Can Lender Still Try To Collect

My Sellers were sent a 1099 (Forgiveness of Debt) in March 2010 on a second loan for the full amount of the 2nd loan.They filed with their tax returns.  We are now short selling the property, and the second lienholder is telling me Seller have to complete short sale process.  Can lienholder try to collect after issuing 1099? thank youSee More
May 14, 2012
Evelyn Blanks replied to Eric Mieles's discussion The Short Sale Black List!!
"I have heard that Bank of America has a report card for each agent they have done business with. "
May 15, 2011
Evelyn Blanks left a comment for Skip ODea
"I started a short sale that had two BofA loans, confirmed that they had both loans, halfway thru the short sale process, they sold the loan, took me weeks to find out who was servicing the second."
Mar 29, 2010
Evelyn Blanks is now a member of Short Sale Superstars
Mar 14, 2010

Profile Information

First Name
Evelyn
Last Name
Blanks
Are you a...
Agent
State
CA
City
Rancho Cucamonga

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