Nationwide Credit Inc.


Nationwide Credit Inc.

Services loans for Ocwen.  You start off submitting your short sale package to Ocwen and then surprise to get handed off to Nationwide Credit Inc. who in my opinion are much better to deal with than Ocwen.

Members: 15
Latest Activity: May 29, 2016

Discussion Forum

Nationwide Credit Inc Escalation Contacts?

Started by Susanne Gibson. Last reply by Susanne Gibson Jan 9, 2015. 2 Replies

I have a short sale that has Nationwide Credit Inc as a second. They are owed 27+k, but want $7700 from the first lien holder. First offered $3000, which is more than generous. Second will not…Continue

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Comment by Angie Fraguas on July 20, 2015 at 6:31am
Does anyone have a good contact for Nationwide Credit Inc I have been working on a short sale for a year with no response and they are asking for 4 times the house value even after Bpo and repair estinates.
Comment by Cathy Baumbusch on July 20, 2015 at 4:04am

I received a letter that was password protected. The format for the password was the last 4 of the borrower's social and the last four of the reference number in the subject of the email. It was an approval letter. The approval only took a couple of weeks.

Comment by Becky Alfaro on October 15, 2014 at 5:04am

I have a file with WF 1st and Nationwide collecting for Ocwen of course. The 1st lien is basically being paid off and we are doing it as HAFA since the owner lives and needs the assistance. They rejected 10% and want 25% because 1st is getting so much. So we are stuck and we have tried to complain to MHA without any help as well as Ocwen but nothing so far. WF is fixed on their number and is basically saying close or we close the file. Anyone have tips?

Comment by Angela Burton on October 10, 2014 at 12:12pm

I just closed a shortsale today that had Ocwen as the 1st and Nationwide had the 2nd. Nationwide was owed $77,000 and they demanded $27,000 as a settlement, the original loan was discharged from Ocwen to them so they didn't have to follow HAFA. Ocwen agreed to pay them about $6,000, they wanted more, I got them to accept about $4,000 more paid by buyer for a total of $10,000. You also have option of offering a promissory note in lieu of cash contribution. They are easier to work with than Ocwen.

Comment by Celeste ODea on July 15, 2014 at 3:17pm

Our seller had to pay $40,887 to get them to release the lien and waive the deficiency. Now that they have the money, they say Ocwen has to prepare the release. Does anyone have a contact at Ocwen who can prepare the proper release? 

Comment by Irene Medina, PA CRS GRI CDPE on July 14, 2014 at 9:20am

Have a 2nd lien with nationwide and they are asking for more than 50% of what the 2nd lien is.does anyone have a number to call or contact information that i can call to escalate this? we are giving them 7k and the lien is 77k.



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