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I have an urgent need for a key contact in Loss Mitigation at American Home Mortgage Servicing Inc.
The internal contacts I have are literally the most incompetent people I have ever encountered in a financial institution or loan servicing company.
They demand paperwork, it is provided, then they demand the same paperwork after acknowledging the receipt of the previously requested paperwork
Then they just scheduled the trustees sale date of our home because the requested…Continue
Just took a listing from a client who purchased a property from me back at the height of the market in late 2005. Needless to say, they are at 35% VTL (Value to loan!) and have finally grown tired of making $2400 payments on a home now worth $125000 in a neighborhood where their neighbors are making $1000 payments.
The lender is OCWEN and until now, I've not had the pleasure of working with them on anything but REO listings.
If anyone on REOPRO has some guidelines, website…Continue
I was fortunate enough to listen in on Jesse's blogRadio interview with Angelique and Bobby of Bridge Asset Network.
They have what sounds like a unique model for managing distressed assets and are marketing to clients outside the normal channels of property assignments as well as to the traditional sources of inventory.
It was refreshing to hear their perspective on the relationship between agent and client as well as their policy on property preservation. Both were very…Continue