Will Select Portfolio Servicing contribute to the 2nd lien - Short Sale Superstars2024-03-28T12:31:53Zhttps://shortsalesuperstars.com/forum/topics/will-select-portfolio-servicing-contribute-to-the-2nd-lien?groupUrl=spsselectporfolioservicinginc&commentId=3468065%3AComment%3A392802&xg_source=activity&groupId=3468065%3AGroup%3A9757&feed=yes&xn_auth=noYes you were most likely spea…tag:shortsalesuperstars.com,2018-06-01:3468065:Comment:3929852018-06-01T15:06:03.028ZTony Moraleshttps://shortsalesuperstars.com/profile/TonyMorales791
<p>Yes you were most likely speaking to a customer service rep in Jacksonville Fl. SPS guidelines of proceeds to a 2nd lien are "investor specific" meaning one investor may allow 8% of the unpaid principle balance owed to the 2nd and another may give 10% or more But the answer is in 99% of short sales with SPS they do give proceeds to a 2nd mortgage</p>
<p>Yes you were most likely speaking to a customer service rep in Jacksonville Fl. SPS guidelines of proceeds to a 2nd lien are "investor specific" meaning one investor may allow 8% of the unpaid principle balance owed to the 2nd and another may give 10% or more But the answer is in 99% of short sales with SPS they do give proceeds to a 2nd mortgage</p> Were you speaking to the shor…tag:shortsalesuperstars.com,2018-06-01:3468065:Comment:3928022018-06-01T15:03:58.830ZBrett Goldsmithhttps://shortsalesuperstars.com/profile/BrettGoldsmith
<p>Were you speaking to the short sale department? Yes, SPS contributions money to 2nd mortgages per the investors guidelines. I've gotten many SPS deals done lately with multiple liens.</p>
<p></p>
<p>Brett@ishortsalenow.com</p>
<p>310-564-6389</p>
<p><a href="http://www.ishortsalenow.com" target="_blank">www.ishortsalenow.com</a></p>
<p>Were you speaking to the short sale department? Yes, SPS contributions money to 2nd mortgages per the investors guidelines. I've gotten many SPS deals done lately with multiple liens.</p>
<p></p>
<p>Brett@ishortsalenow.com</p>
<p>310-564-6389</p>
<p><a href="http://www.ishortsalenow.com" target="_blank">www.ishortsalenow.com</a></p>