[OrlandoVal]

With all of the foreclosures out there right now does anyone know how to get a job working for one of the mortgage companies in thier loss mit departments? Do they farm these out to other companies or are they all in-house. With just the small amount of loss mit work that I have done, I see so many places where the banks could streamline things and save themselves as well as homeowners so much money. Is there anyway to get their ear?

[877YouKeep]

I know you must be an intelligent person and looking to assist but don't you think someone that has been doing this business for 10 to 15 years knows their business. You probably have good ideas but the mortgage companies have to follow the letter of the law, or at least try. There are some pretty intelligent people managing the business I have worked with many. You also have to remember that the servicer is just that a servicer and if they are not delegated by the investor it can take weeks to get a response. Yes, investors outsource hence BOA, ASC, Chase, Ocwen...

[877YouKeep]

the most important part I forgot to add is "THE BUSINESS IS SWAMPED" I know a negotiator who has 250 files on her desk right now, today. Completely unmanageable.

[OrlandoVal]

I completely realize that business is swamped. In fact, that is what prompted the question. To wait 45 minutes on hold only to speak to someone from Pakistan who doesn't understand our language or our laws is frustrating and I have to believe that a lot of loans are going back for this reason. Unfortunately I can tell you that the people I have spoken to recently do not have years of experience, they are merely paper-pushers. That is why I was wondering if there was any sort of biz-op out there to assist the mortgage companies with their case load. I guess that what I am thinking is that the mortgage companies should be paying me something reasonable for each loan that I can save. Right now I do consulting work for a company who is paid to do property inspections and to try to get financials. I barely make enough to cover my gas on these cases and the only real opportunity is to try to get a short-sale listing which these days are dime-a-dozen and don't necessarily turn into actual income. If the bank would pay me something reasonable I am sure that I could get alot of people to work with me. I could provide so much more information and I am sure, save so many more loans. Homeowner's could use their money towards their workout rather than towards my fee. It only makes sense to me that these companies would do so much better paying me to be their true rep in the field, rather than just a picture-taker hoping for a listing...just a thought

[877YouKeep]

That is what Non Profits are for, the banks are throwing money at the non profits. Right now the only issue is that you have to be a non profit for 2 years first. Any non profits out there that want to work with a 2,000 lb gorilla?