Replies to This Discussion

Permalink Reply by Dawn Barrier eXp Realty Vegas on August 13, 2010 at 7:45am

Yes, hopefully closing on 1 within the next few days.

Permalink Reply by Ben Benita on August 15, 2010 at 11:35am

never heard of them....are they a charge off company?

Permalink Reply by Ed Romero on August 16, 2010 at 9:23am

No, Citi just sent files their way to process for them. So far so good with them, everything done pretty swiftly through e-mail so far.

Permalink Reply by Myles McMahon on August 17, 2010 at 7:43am

I just sent over my first Pennmac short today, I'll keep you guys posted as it goes along.

Permalink Reply by Ed Romero on August 17, 2010 at 7:45am

Process is moving swiftly.

Permalink Reply by Ed Romero on August 17, 2010 at 12:19pm

Wow! submitted file yesterday, got a response today, are you kidding me? Although, they are only offering $3k to 2nd, which is a Citi loan, the same co. they purchased the 1st from.

Permalink Reply by Ricky D. Ostrom on November 23, 2010 at 7:51am

I found PennyMac very easy to work with, since they buy these notes at 30 cents on the dollar.

Permalink Reply by bethany on January 20, 2011 at 8:19am

Have you had success with a PennyMac short sale?  What was thier turn around time?