DON'T LET YOUR LENDER FOOL YOU
THEY ARE NOT ON YOUR SIDE
OCWEN just told us they have shut down their Loss Mitigation Department!
Now we all know a Lender can not shut down a department and still service their customers. This is just one more lie the Lenders are Telling us.
Two Months back a local Realtor called me to release a listing because, she stated, the bank now owned the property. I was working on the short sale. I stated I would release to listing, if she could produce the deed which showed the Lender took the property back. She called me 6 weeks later. She had gone behind my back, paid the seller to move out of the property and had the seller sign documents turning the property over to the Lender, without an auction.
Realtor - now is the time to take back the real estate sales industry. Lender can no longer be in control and buy and sell with us...and we need to not let them use us against each other.
Have the Lender been promising you - if you do the BOP and the property doe not get sold in a short sale (therefore - in the Lender's interest only) that they will in turn, give you the REO listing. Junk begets junk.
Let's hear your story! Let's take a stand and protect the little guy. Let's team up and take back Florida!