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Chase Home Mortgage: Openers, and Negotiators, and Closers, oh MY!

Chase, like many companies in its pursuit for improving how it does business, attempted to make some changes to Loss Mitigation Workout line up. Traditionally speaking the process goes from having a simple document collector and negotiator structure to trying to break...
Wachovia: Wells Fargo advising that if a home is in California don’t wait till the last minute.

Wachovia: Wells Fargo advising that if a home is in California don’t wait till the last minute.

In a recent conversation with a Wachovia representative we were advised that their rule of thumb for properties in California is to no longer postpone when within 5 business days of a foreclosure sale. They advised that there is a foreclosure law set in the state of...
NEWS: Tax Incentives Extended: Thousands of Short Sales saved from Buyers dropping their offers!

NEWS: Tax Incentives Extended: Thousands of Short Sales saved from Buyers dropping their offers!

Anyone riding the short sale pipeline may have seen many buyers getting antsy as we came to the end of the filing period for tax payers to cash in on those home buying incentives. Well many of those last-minute buyers can wipe the sweat off their brow along with...
Ocwen: Freddie Mac sets the Matrix Second Mortgages

Ocwen: Freddie Mac sets the Matrix Second Mortgages

Recently in conversations with a negotiator in the Freddie Mac department at Ocwen Mortgage we had an in depth conversation leading us to final result of having a full understanding of their break down paid to Jr. Lien holders. Frequently, lenders in specific, have...
ACG works with Investor Properties (Non-owner occupied) and Chase to save homes from foreclosure.

ACG works with Investor Properties (Non-owner occupied) and Chase to save homes from foreclosure.

Similar to the Indymac non-owner occupied or investment loan modifications are rare at most lenders unless you know the right people. Well at Chase this is no exception. Chase has adopted many of it’s own practices from the new current HAMP/Government program....