So as if it wasn’t already tough enough to get your mortgage lender on board with your short sale now they are charging you to approve it! Buyers, agents, homeowners, etc. already have enough trouble on a day to day basis processing short sales but now Service Link Loss Mitigation Services a division of...
Recently a homeowner on an active loan modification plan was foreclosed on even though they were making their payments according to their arrangement. As these types of issues become more common place we feel that this is the reason why it is important to work with the right team of individuals to represent the...
IndyMac Mortgage Services, a division of One West Bank FSB, has a policy that has to with all forms of income the could be considered either less than stable or not completely permanent. In order to count for a type of income for a loan modification this income must be accountable into the future....
IndyMac Mortgage Services, a One West Bank, FSB company, is one of the few lenders that allow the homeowners to call in and verbally authorize the lender to speak to their 3rd parties as opposed to having to submit this in writing. Most lenders allow for a 1 time verbal authorization but in many...
When applying for assistance every lender has different guidelines as to the time it takes to be reviewed and just the same they all have different time frames a borrower must wait prior to reapplying if a decline has been made on their previous workout attempt. When a workout option is declined (repayment plan/loan...
Formerly known as IndyMac Bank it was purchased by the Federal government at the beginning of the mortgage meltdown and some time later then sold and purchased by One West Bank, FSB to add a loan servicing department to their portfolio back in March. Besides the name changing to IndyMac Mortgage Services, IndyMac has...