***GREEN TREE IS SERVICING THE 1ST AND BANK OF AMERICA THE 2ND ?!?!?!***
This is truly a first for me!! Both loans were through B of A...I received a message via Equator that B of A was no longer servicing the first and that the dreaded GT was!! :-/ However B of A was still servicing the 2nd...Has anyone ever been in this situation?? I have dealt and am dealing with GT right, but only as the 2nd. Does anyone know how much GT typically will give towards the 2nd?? 2nd payoff is $64,403 I am hoping that GT will agree to 6% of that balance and that B of A will take it?? Any help or advice would be greatly appreciated!!!
Thank you!!!
Sara!!!
Replies to This Discussion
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Permalink Reply by Justin Berry on
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Funny, I just had the same combination land on my desk. was a BofA 1st 2nd - now Greentree 1st and BofA 2nd. Let's compare notes!
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Permalink Reply by Sara Younger on
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Sounds Good!! So far smooth, but everything was just submitted. Should hear something back from the 1st tomorrow, will keep you posted...
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Permalink Reply by Phil Levy on
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Sara
My listing had the same situation. Everything went rather smoothly until GT submitted to PMI. Then the process stalled and I eventually lost the approval on the BofA HELOC. Meantime the GT Loss Mit person won't respond to my calls or faxes.
See my posting from yesterday seeking counsel on how to escalate the file within GT management for more details if interested.
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