ANY LUCK WITH SHORT SALE WITH OCWEN OR WELLS FARGO-ANYONE-ANY SUGGESTIONS?
I have a ocwen homeowner and it seems like the law firm and loan midigation are the same-anyone have a better experience or better suggestion with them? ANYONE HAD ANY LUCK WITH wells fargo? discount-short sale-etc.
Depending upon the type of mortgage loan, and workout criteria, many mortgage loan servicers now outsource their loss mit activities, OCWEN included. It shouldn't make any difference to the proposal's content.... and such an outsource might result in an expeditious response.
Just call the customer service 800 number of the lender and tell them you have an offer on a home that is going into foreclosure. Ask who the loss mittigation person handeling the file is and if you can speak with them. This will get the wheels in motion. It might not get you directly to the person you need, but it will get you further than the people you are currently working with. You will need to fax them the authorization to release information first though. Good Luck!
Yes I've had some Success with Wells Fargo.. I had a FHA Short Sale approved... Did this deal with another investor involved... Hope it closes, Want do it that way again unless partner has real cash..
Unfoturnatly the investor real didnt have the cash.... I did all the paper work... Wells Fargo can do these short sales pretty fast, from what was told to me by one of there representives... Good Luck and success