I just closed on a sale and both sellers are detectives with our local law enforcement office. (This was not a short sale) but the topic came up, he is currently involved in a major mortgage fraud investigation in Bay, Walton and Okaloosa counties in Florida. I told him how I have gotten information on CEOs of Wells Fargo, SunTrust and BofA and have talked to the CEOs to get files moving. He told me that if I have a name and occupation, he can get any information on these people if we need it. There is a website that he uses that has more information that we could not get but he is sending me a link to the site so that I can do searches on it too. How cool is that, I guess all of the CEOs of the banks are going to know this Know Payne Know Gain!
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I am currently working on my first short sale on the buyers side and low and behold it's with BOA. I have been hearing such horror stories about their process. My buyers love the house and wanted to move forward regardless of the %20 close rate. In seeing all of the issues everyone has with them I am trying to be proactive and anticpate the problems that may arise. Do you have any contact info for BOA Execs? I want to have a complete file with people to contact together so when it hits the fan which based on what I have read it surely will, I will not have to waste days trying to find contact information. We have been in the process for about 1 month now and so far we have had 1 BPO completed by BOA but because it's a Fannie Mae backed loan I have been told there will be several more ordered. As of last week the banks customer services reps estimated a response by 11/24. They say the file is in SPO Review which niether I nor the Listing agent can figure out what that actually means so your thoughts are welcome there as well. Thanks in advance for any advice or help you can give.
Jeff - I got an immediate email reply from Larry, saying he is alerting department manager, Greg Mercer. I've already talked with Greg, but hopefully they will escalate it! Thanks again, Detective Sir!
GC Services Limited Partnership 6330 Gulfton St
Houston, TX 77081-1108
USA
Wendy Rulnick said:
Jeff - OK, how about a tough one for you? Senior VP line for GC Services in Houston??? Again, waiting for junior lien approval, GC Services has submitted to Chase. Need to close by 11/9....!!
Replies
Wendy Rulnick said:
Jeff Payne said:
Vice President, Operations
+1.214.473.3415
larry.boertje@gcserv.com
GC Services Limited Partnership 6330 Gulfton St
Houston, TX 77081-1108
USA
Chief Executive Officer
+1.713.777.4441
frank.taylor@gcserv.com
GC Services Limited Partnership 6330 Gulfton St
Houston, TX 77081-1108
USA
Chairman and Chief Executive Officer
+1.713.777.4441
jb.katz@gcserv.com
GC Services Limited Partnership 6330 Gulfton St
Houston, TX 77081-1108
USA
Wendy Rulnick said:
Mark A Schordock, Sr VP
Frank A Taylor Pres
Dan Cook, VP
more to come, stay tuned