Bill Black
  • Male
  • Vancouver, WA
  • United States
  • Washington
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Business Development Consultant for the Distressed Home Market. Washington State Certified Continued Education Instructor, Mortgage Banker, Short Sale Coach and Mentor.

Bill Black's Blog

Purchase Sale Agreements

Posted on April 12, 2012 at 9:17am 0 Comments

As a consultant offering Business Development for the distressed home market I have found lately one of the biggest issues is with the first page of the PSA. PLEASE remind all Agents that ALL information needs to be complete and names of sellers must match what is on Title- EXACTLY. 

Metlife and First Horizon forwards servicing to IBM's new servicing division called LBPS

Posted on April 26, 2010 at 2:11pm 0 Comments

Another flavor of the day pops up- IBM's (LBPS) Lender Business Process Services is now servicing 10's of thousands of Metlife and First Horizon loans starting May 1st and June 1st


If you are in a short sale with these two lenders ask the client to be prepared to receive the RESPA package explaining the servicing change and to send you the new loan # with a new ATR. You can also call in and request the loan # on a three-way the first time. They have not gave out… Continue

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