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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...
BAC Loan Servicing LP (Bank of America): Deficiencies… Now its on you!

BAC Loan Servicing LP (Bank of America): Deficiencies… Now its on you!

Image via Wikipedia Foreclosure deficiencies are one thing… those are usually depending greatly on the type of loan you had prior to the home going to foreclosure but these days there are new laws waiting to be rewritten on the banks ability to pursue you have a...

The “new” FHA Mortgage changes.

Image by Getty Images via Daylife FHA, one of the nation’s largest insurer of mortgage loans (if not the largest insurer to borrowers of a greater risk), every so often comes out with new guidelines that largely influence the way the real estate business gets...

MLReport.com Presents: Lender-Pedia. For the People By the People. A Wiki story.

We here at MLReport know how important it is to find the information that you need when trying to deal with the mortgage servicing industry. When it comes to mortgage lenders it is not ever surprising to get a new number just about every time you call to some new...

Post-Foreclosure Frequently asked questions.

Here at MLReport we receive messages all the time asking about what to do when they have gone through a foreclosure. We get a lot of frequently asked questions and by no mean do we have time to answer all of them in just one post but we will do our part to start...