Short pay off with ocwen & Shellpoint / shell point
Any one have any experience doing a short pay off with Ocwen & Shell Point?
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Greetree Short Sale / Fannie Mae
Just received a Green tree approval and they keep referring me back to the FANNIE GUIDELINES which are a bit confusing to me .
My first question is a credit card that went into a judgement and thus a lien on the property fall under the Junior lien
Read more…Greentree 2nd that was charged off telling me they don't have to abide by Fannie Mae Guidelines
Does anyone know the validity of this? Greentree told me that when the file goes to charge off that they can ask for whatever they want and do not have to waive the deficiency. Is this true???
Read more…How to Avoid 2nd Second Loan Being Charged Off & Sent to Recovery - Collections?
Hi
I was wondering if there is a black and white answer to this question? Of course, the 2nd lender would like to receive their full payment from the borrower, however if the borrower were to make some amount of payment (less than the full payment)
Read more…Collection Companies - Life after a "Charge Off"... Getting a Second Released
I'm curious, has anyone in Short Sale Superstars had an experience with:
- A.) Client making a "token payment" to a collection company to release a "Charged Off" second lien?
- B.) Contacting the 'Charged Off" lender and getting the loan pulled back f
Buyer to "contribute" towards paying off second lender, out of escrow
i need help to better understand this.... More and more, I'm seeing this situation (and proposed strategy) to help get the second lien holder to cooperate with the short sale by having the buyer write in an addendum that buyer will agree to contribu
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