Short Sales with American Home Mortgage Services ces...servicing former Option One clients
AHMSI changed its name to Homeward Residential
Website: http://shortsalesuperstars.com/ahmsi
Members: 233
Latest Activity: Feb 15, 2015
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Financial_Analysis_for_Loss_Mitigation_Workout_Form.pdf
Short Sale Fax #:866-452-1837
website: www.gohomeward.com
Phone#: 877-304-3100
LOA Fx# 866-795-6529
Be prepared to have the short sale outsourced to PowerReo. Here's their agreement
About AHMSI Established in April 2008, AHMSI services residential mortgage loans, including traditional, Alt-A, interest only and subprime and is one of the country's largest servicers of sub-prime and Alt-A loans. The company is headquartered in Irving, Texas, and operates as well through locations in Irvine, Calif., Jacksonville, Fla., and Pune, India. As of October 30, 2008, it managed a portfolio of more than $85 billion. WL Ross, founded by Wilbur L. Ross, is a private equity firm based in New York City and currently oversees in excess of $5.0 billion in private investments. AHMSI is owned by several funds that are ultimately controlled by WL Ross.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayDXuthhd7kQ
http://www.housingwire.com/article/wilbur-ross-ahmsi-changes-name-adds-correspondent-lending
Started by Bryan Crabtree. Last reply by Kevin - Greenville, SC Feb 27, 2013. 3 Replies 1 Like
Started by Joan Vaca. Last reply by Joan Vaca Feb 26, 2013. 3 Replies 0 Likes
Started by Mitzy. Last reply by Sherri Elliott Dec 3, 2012. 5 Replies 0 Likes
Comment
Does anyone have any contacts for AMHSI that will stop a trustee sale? Have an equity sale that was tied up in probate that they want to send to sale on the 29th. Offer just came in and escrow opened.
Thanks
Hi Wendy,
A qualified written request is part of RESPA (12USC 2605) where the homeowner can get the information on the investor. Hope that helps
@ Robin Choi - most likely it will be reported as "Satisfied for Less Than Amount Owed".
AHMSI has been one of the most frustrating lenders I have ever worked with. We have had to resubmit our loss mitt docs numerous times (nothing was wrong or missing, they kept losing them) and by the time we finally got the docs to the right department and no one lost them, our HAFA APT had expired. Now, we have to resubmit again with a new cover letter explaining what happened and ask for a "regular" short sale. Meanwhile, I have a great cash offer in hand, no junior liens to muddy the water, and can't get anywhere. We are starting over today, begging the buyer to hang in there another 45 days and praying that this moves fast. Ya'll cross your fingers for me!!
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