servicers: Investors/Servicers - Are you Kidding Me? You Want me to Default On My Loan?
- 07/02/11 06:40 AM
Subtitle: Live Free for at least 6 Months before allowing a Short Sale? Disclosure: Although names are not being named this article is a direct result of a current pending transaction with a major bank and is not a work of fiction. Common sense has gone out the window in the banking industry. While most industries would love the following scenario only in banking is this seen as a negative. A performing asset in this case, a mortgage loan, stays current despite the homeowners unemployment, use of savings to continue paying payment, securing a new job paying less, starting a side … (11 comments)
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Evelyn Santiago, Managing Broker Heart Realty Group, Inc.
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