"I believe according to HUD's regulations, the servicer must follow HUD's guidelines and not their own rules. Call HUD and find out if it is allowable. BOA could lose their HUD eligibility or something of the sort if they do not…"
"You could always ask the servicer where they received that information from and then confirm with HUD. The servicer can actually "get in trouble" for not following the servicing guidelines. HUD will probably refer you to…"
"DIL is easy. Bank sends the deed and the seller's sign it. Seller has 30 days or so to get out and sometimes the lender will offer cash for keys. The DIL is more economical for the lender than the foreclosure - very little…"
"Yes they are that dense. Our company attorneys advised against changing the date when the contract was drafted and they want the date that the buyer and seller executed changed. Now when I call back they hang up on me. Helping…"
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