21st Century Mortgage: Talk about crazy short sale deals.

When everyone talks about the great short sale deals I don’t think they have frequented the 21st Century Mortgage area of the business. If this business has gotten any better in some places it’s definitely gotten worse in others. Strange as it may seen we...
Bank of America: Stop Faxing Me Your Loan MOD Documents! Email Them.

Bank of America: Stop Faxing Me Your Loan MOD Documents! Email Them.

We should set off the fire works for this one. It’s almost like Bank of America is taking a few steps into the future calling out,”’90’s here we come!” OK. So they are still running 20+ years behind on the times but their catching up. In...
Fannie Mae: As if it wasn’t already tough enough you better have a game plan!

Fannie Mae: As if it wasn’t already tough enough you better have a game plan!

Recently GSE Fannie Mae rolled out new guidelines guiding the servicers on how to manage its portfolio. Stating that it wants its borrowers, if they are in an active foreclosure and if they have a sale date within 14 days, the only acceptable remedy to stop...

ACG and Wachovia connect for BULK Short Sale Processing

Starting in 2005, Absolute Consultant Group’s(ACG) counselors sought out to solve mortgage problems no longer from the confines of Countrywide’s Loss Mitigation Department. At that time they were part of one of the largest lenders in the world helping service a...

Fannie Mae: Submit your short sales 21 days prior or its too late for a short sale.

Fannie Mae for being a government sponsored enterprise and all the support they are receiving from the government and the Obama Administration (HAMP, MHA, HAFA,Hope For Homeowners, etc.) seem to be tightening their belts more than anyone else. We for one seem to think...