Posted on January 30, 2014 at 4:12am 0 Comments 0 Likes
As part of the Federal Housing Administration (FHA) document requirements agents are required to provide a signed "FHA Preforeclosure Sale Addendum & Real Estate Licensee Certification Form". This document is required by all lenders however, you can…
ContinuePosted on December 19, 2013 at 8:51am 0 Comments 0 Likes
To improve the customer experience, Bank of America has enhanced it's home retention application and document collection process in an effort to help customers explore all opportunities to resolve their mortgage delinquency. Changes to their home retention evaluation process have been implemented to support that commitment.
What has changed?
Application & document collection process:
A…
Posted on December 2, 2013 at 6:59am 4 Comments 0 Likes
Fannie Mae and Freddie Mac announced changes to their Servicing Guides aimed at helping more borrowers avoid foreclosure through short sales and deeds-in-lieu of foreclosure (DILs).
Some of the changes are to align with…
ContinuePosted on November 20, 2013 at 12:01pm 0 Comments 0 Likes
Bank of America's team of short sale specialists are dedicated to assisting you and your client through the short sale process. Occasionally, an issue arises that demands immediate attention or an escalation. The best way to resolve escalated issues is to follow the steps…
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