by Dan Chapman | Jan 31, 2012 | B of A, BAC, BAC Home Loan Servicing LP, BAC Home Loans Servicing, bank of america, BoA, Cash Out Refi, Cash Out Refinance, Debt Consolidation, HARP, mortgage assistance, Refinance
Bank of America certainly turned some heads last week when it told its retail loan officers nationwide that the lender will halt, for now, originations of cash-out refinancings, citing what it calls a “surge of refinancing activity” and capacity problems....
by Absolute Consultant Group | Aug 7, 2011 | B of A, BAC, BAC Home Loan Servicing LP, BAC Home Loans Servicing, bank of america, BoA, HAFA, hamp, HARP, hasp, Help, HOA, mortgage assistance, Mortgage Fraud, Mortgage Help, Mortgage News, Negotiation Help, Short Sale, Short Sale Assistance, Short Sale Help, Short Sale Negotiation, Short Sale Objection, Short Sale Tactic
As of July 13th 2011 Bank of America received a new guidelines (or in the business it is called a directive) from our old pal Fannie Mae(FNMA). In this new guideline change they are requiring homeowners that look to go through the HAFA program to actually jump through...
by Absolute Consultant Group | Jul 20, 2011 | B of A, BAC, BAC Home Loan Servicing LP, BAC Home Loans Servicing, bank of america, fannie mae, FNMA, government program, Government Sponsored Enterprise, HAFA, hamp, mortgage assistance, Mortgage Bailout, Mortgage Fraud, Mortgage Help, Mortgage Lending, Mortgage Meltdown., Negotiation Help, Obama, Obama Mortgage Rescue, Short Sale, Short Sale Assistance, Short Sale Help, Short Sale Negotiation
Would you think that they would let the homeowner’s get off easily for that long? Well it seems that Fannie is back at it again. This time at Bank of America with a whole slue of new hoops for the very tax payers keeping their doors open. In this case it seems...
by Absolute Consultant Group | Nov 28, 2010 | B of A, BAC, BAC Home Loan Servicing LP, BAC Home Loans Servicing, bank of america, BoA, BPO, Foreclosure Assistance, Foreclosure News, HAFA, mortgage assistance, Mortgage News, Negotiation Help, Short Sale, Short Sale Assistance, Short Sale Help, Short Sale Negotiation, Short Sale Objection, Short Sale Tactic
Bank of America in an effort to close more deals has designated a company, Default Servicing LLC., since September to begin contacting homeowners that were pre-qualified for the short sale process. Their new program, shrouded in part due to secrecy of how to qualify,...
by Absolute Consultant Group | Sep 7, 2010 | B of A, BAC, BAC Home Loan Servicing LP, BAC Home Loans Servicing, bank of america, BoA, Countrywide, Foreclosure, Foreclosure Assistance, Foreclosure News, Foreclosure Postponement, Foreclosure Rise, HAFA, Making Homes Affordable, mha, mortgage assistance, REOTrans, Short Sale, Short Sale Assistance, Short Sale Help, Short Sale Negotiation, Short Sale Objection, Short Sale Tactic
While processing short sales through the Equator system, once known as REOTrans around this time last year, we received a new message notice advising that they were completing the valuation part of the process. This is a relatively new in the sense that it has only...
by Absolute Consultant Group | Aug 18, 2010 | AHMSI, America's Servicing Company, american home mortgage servicing inc, Amherst, AmTrust, AmTrust Bank, ASC, Aurora Bank FSB, B of A, BAC, bank of america, BankUnited, BoA, CalHFA, Chase Home Mortgage, Chase Manhattan, Cheaper Modification, Citi Financial, Citi Group, Citi Mortgage, Citi Residential, CitiMortgage, deed in lieu, deficiency judgment, Foreclosure, Foreclosure Assistance, Foreclosure News, Foreclosure Numbers, Foreclosure Postponement, Foreclosure Rise, gmac, government program, HAFA, hamp, HARP, hasp, Help, HOA, Home Mistakes, Homeowners Association Dues, Loan Modification, Loan Modification Help, Making Homes Affordable, mha, mortgage assistance, Mortgage Bailout, Mortgage Help, Mortgage News, Negotiation Help, Obama, Obama Mortgage Rescue, ocwen, Ocwen Financial Corporation, Ocwen Loan Servicing, One West Bank, owb, WaMu, Washington Mutual, wells fargo, Wells Fargo Home Mortgage, Wilshire Credit Corporation
Frequently our clients are concerned about approaching Bank of America to complete their immanent default interview, which happens prior to their falling behind, because they don’t know what to expect. It is important to know is that if you do not answer yes to...
