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Wells Fargo: Waive your principal goodbye; for now.
27 July 2010 11:00 PM |
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In an effort to help defaulting homeowners Wells Fargo is offering their own version of FHA’s Partial Claim Program. This version varies in several ways but is aimed at what Wells Fargo is referring to as a “Principal Forbearance”. Now this is not like the...
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Wachovia: ACG connects with Wells Fargo for Bulk MOD Underwriting
27 July 2010 10:00 AM |
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In a business where it can really help to know people in high places Wachovia has proven to be no different than the rest. Where in many cases homeowner’s find it difficult to manage through the process loan modification process, with the now Wells Fargo owned company,...
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Litton Loan Servicing: The treasury says 14 days for HAFA. Make it 30.
25 July 2010 10:21 PM |
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Where many are taking it upon themselves to make things worse it is nice to see that at least one servicer isn’t. Litton Loan Servicing, though known for it’s terrible loan modification process, is at least taking a few steps in the right direction. The...
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Wachovia: Wells Fargo advising that if a home is in California don’t wait till the last minute.
25 July 2010 7:06 PM |
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In a recent conversation with a Wachovia representative we were advised that their rule of thumb for properties in California is to no longer postpone when within 5 business days of a foreclosure sale. They advised that there is a foreclosure law set in the...
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MHA/HAMP/HAFA: Harsh rules leaving many homeowners in trouble.
18 July 2010 6:19 PM |
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Many times these programs that we deal with for our clients change for the better but there are also certain times that they change for the worse. I guess only adding insult to injury is that fact that it is our own government, supported by...