Sadly Obama passed a bill and Litton is no longer paying $1500 for short sale participation.
Good News for Short Sales in 2009 with Litton Loans and Countrywide Litton Loans Services and Countrywide are now participating in "Home Base Notes" and "Home Saver Systems". This means that you can now call and get updates from anyone who answers the phone. It used to be just the loss mitigation person assigned to a particular file. Their goal is to decrease REO by 50% in 2009 and increase in short sale by 50% in 2009. Mortgage servicers do not want to file foreclosure (2 comments)