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PNC Mortgage: Submit your short sales 10 days prior or its too late for a review!

In our recent discussion with PNC Mortgage, not PNC Bank, on behalf of one of the short sales we were representing it seemed that they to be tightening their belts more than anyone else. We for one seemed to think that it is strange that if the government is pushing...
Bank of America: What do I need to know about my automatic email status notifications?

Bank of America: What do I need to know about my automatic email status notifications?

BAC Home Loans Servicing, LP., or Bank of America, wants you to know what all those auto responders mean. In a recent email sent out on August 17, 2010, BAC sent a message about the changes that had taken place over a month ago on July 15th to their partner’s...
Wells Fargo: Waive your principal goodbye; for now.

Wells Fargo: Waive your principal goodbye; for now.

In an effort to help defaulting homeowners Wells Fargo is offering their own version of FHA’s Partial Claim Program. This version varies in several ways but is aimed at what Wells Fargo is referring to as a “Principal Forbearance”. Now this is not...