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 | Jan 22, 2012 | HAFA, hamp, HARP, hasp, Help, Making Homes Affordable, mha, mortgage assistance
For many the industry isn’t getting better at solving their problems. Hopefully, at least for those finding themselves experiencing a long bout with unemployment, they will find a little relief coming from at least one of the GSEs Freddie Mac. In an announcement...
by Absolute Consultant Group | Aug 7, 2011 | foreclosure laws, Foreclosure News, Foreclosure Rise, government program, HAFA, hamp, HARP, hasp, Help, Home Mistakes, mortgage assistance, Mortgage Help, Mortgage Lending, Negotiation Help
Senate Majority Leader Corbett came through for many homeowners in a tight pinch. Those that were worried about completing a short sale while still having a second mortgage that could come after them years later, commonly to what everyone refers to as seeking a...
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 | Sep 6, 2010 | Foreclosure, Foreclosure Assistance, foreclosure laws, Foreclosure News, Foreclosure Numbers, Foreclosure Postponement, Foreclosure Rise, HAFA, hamp, HARP, hasp, Home Mistakes, Loan Modification, Loan Modification Help, Making Homes Affordable, mortgage assistance, Mortgage Fraud, Mortgage Help, Mortgage Meltdown., Mortgage News, Negotiation Help, News, Obama, Obama Mortgage Rescue
Many different acronyms get thrown around frequently in the business world. The banking world being one of the largest cogs in private sector it is no wonder confronting your mortgage company and getting a clear understanding of what they are trying to say or who you...
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...
