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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...

Equator.com: If you aren’t doing short sales, what are you doing with your time?

Today we received the message below from the CEO of Equator just was we are sure many of you did as well. Finally someone is calling you out and its the big brother! In a bold statement the e-mail was titled: Have you jumped on the Short Sale bandwagon yet? Well...
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...

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...