Authorization
OK this is what I have found so far,
I called and spoke with a low level person to see if I could have a meaningful conversation and hopefully request a Loan Mod. Package. The borrower seems like they can afford the property since their working 22 Yr. old daughter and the DTi's work out so far. (Iknow, I know what you are going to say No DTI but I am still adjusting to this new business) Anyway they said they received the signed Auth. but needed it to be dated so they created their own letter and mailed it to the borrower along with their own Auth. Form specific to the transaction (I could get you a copy if you like) Simple stuff.
The weird part was they called the borrower and told him that they wanted to speak with him to workout the Loan Modification. He told them that he had a representative handling this (Me of course) and that they need to talk with me. Hence their letter. We are sending it back right now to get going. I am also going to cross-reference the contact info on my borrowers letter with the phone # you have on the Lender lists thread.
What have your experiences been? Come on Don don't save all of your secrets for the manual. You know I am going to buy it when it is available anyway but you keep holding us out. Jodee is really chomping at the bit too. Did I read somehwere earlier today that it was ready? I tried to find it briefly on your websites but they are a little confusing. Not that my website is great trust me. Mine is really just a page on my brokers website. I don't use this entity at all for the property retention business.
I need a great site and will throw some money at it once I find the design I need.
Anyway kickup the education America's servicing. Experiences, deals, roadblocks, etc.
Gonetodocs
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