Before I go digging through all my paperwork and post back the investors I have and the contact info, I'm going to share some EASY methods for finding out who backed the loan.
1) Registry of deeds - If there is an assignment of mortgage OR a foreclosure notice USUALLY the investor is listed (this also is true when it gets posted in the paper)
2) Freddie and Fannie both have areas where you can look up to see if they own the loan:
http://www.fanniemae.com/loanlookup/
https://ww3.freddiemac.com/corporate/
3) MERS - has a place you can see who the servicer is and sometimes the investor - https://www.mers-servicerid.org/sis/
4) If the above has not worked, usually the homeowner can call and find out OR you can do a simple one page QWR and send it in and have it mailed to you. I actually utilize this form in EVERY one of my short sale packages.
Is this info necessary? Maybe...if you run into problems with the servicer, it could prove to be a valuable part of your short sale.
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This is a great share.
I have used all the above suggested methods. I have never wrote them down before. Just kept them in my head and shared them with outhers by word of mouth. Thanks for puting it in print. I like your suggestion of making the QRW part of every short sale package.
Thanks
QWR is a Qualified Written Request and per Respa regulations the lender MUST DISCLOSE to the homeowner who the investor is within 60 days of the request. It is part of my short sale paperwork. I actually have the seller fill this out BEFORE I have them sign anything else (other than authorization.)
I'm not sure you can get the info as fast as you want it, but the seller has a right to know who the lender is. I would have the homeowner call and ask and see if they can get it.
How do I get a copy of a QWR?
Hello Hector, Did you ever get an answer to your question "How do I get a copy of the QWR"? I would like to know the answer too.
QWR is a Qualified Written Request and per Respa regulations the lender MUST DISCLOSE to the homeowner who the investor is within 60 days of the request. It is part of my short sale paperwork. I actually have the seller fill this out BEFORE I have them sign anything else (other than authorization.)
I'm not sure you can get the info as fast as you want it, but the seller has a right to know who the lender is. I would have the homeowner call and ask and see if they can get it.
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