Every company operates differently but it is important to know how each works in order to get the best possible results. As we process hundreds of short sales we come across situations all the time, as we are sure you do to, where you are misinformed about what is going on with the lender...
Many times homeowner’s having attempted everything find that they are being forced to have to sell. In fact it is because they’ve been turned around, either declined or given terrible offers, no matter what they request they are given no further options to allow them to keep the property in some affordable matter. Furthermore,...
What happens when homes go to foreclosure and have to be bought back by the bank? They become REO properties. Real Estate Owned properties are a large issue for lenders as they are not in business to owns. They are not in business to manage properties or in business to keep them up or...
Wells Fargo Home Mortgage and their sister division America’s Servicing company has just about totally illuminated all their counselors ability to put any thought into their job. They now have a system that diminishes the capability of the agent on the phone from adjusting a plan till it fits the clients needs to now...
Wells Fargo Home Mortgage is notorious for the being nit-picky. Whether it is that one of the contract is not executed to their liking or when they ask you to submit their own listing and contact addendum one thing is guaranteed and that is that they do not want to lose on a deal...
Wells Fargo Home Mortgage and a subsidiary America’s Servicing Company in a conversation today they advised that they accept payment by phone as certified funds. In essence a payment by phone is not a form of certified funds but would be acceptable. This came directly from the “High Escalation” department supervisor so as for...