Yep. Just got approval on the first (BOA) and was dealing with GMAC when suddenly the loan was sent to a different servicer. The kicker is it was sold 6/20 and FCI still doesn't have the pool of loans. I'm in LIMBO!!!!
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Same thing happened last week as well. GMAC sold to FCI, but I was contacted by Home Guardian (left msg). I will find out more tomorrow. Feel free to email me shannon@shannonnoble.com and I'll let you know who to contact.
I already spoke to Home Gaurdian and have someone working on the file. My primary is owned by Fannie Mae so we both know the max payout is $6000. Balance on Home Guardian loan is only $50,000 and they wanted $10,000. (20%) They also wanted to cut commission, attorney fees, and started asking for ridiculous things. I pretty much explained they can cut all they want, but the max they would see is $6000 and that's if get Fannie to approve it so them trying to cut fees wouldn't help their bottom line.
I'll post back when I hear back. the negotiator for them was VERY quick to get back to me so that's a plus. They seem like they do want to work with us, but I really don't know at this point as it's to early to tell.
Thanks Bryant. I did get some info for them, but am still in limbo. I think they are a small outfit and that has it's advantages. I'm not sure but I think their hands are tied too. We are a bit screwed on this and this property has an auction next month.
Hmmmmm....never heard of them. If you do get info open a group for them so the members have it in the future. Or you can just send it to me and I'll take care of it.
Google gave me nothing