Greetings to all, I understand there is an order acceptor somewhere out there for claiming BPO offers. (Other than "Order Central") If memory serves me correctly, a Real Estate agent somewhere in Florida had a program written for this purpose. I woul
All of our brokers saw unprecedented BPO order volume coming out of Valuation Partners Yesterday and Today (1/23) They may have signed on a new client and are probably trying to put a good foot forward, VP always sends in waves but this was
What a disaster! I have about 12 listings of which I have 10 under contract. (Hoorah, right?) These are like closing short sales! The VA tries to do everything on the cheap, they use no attorney, they use some huckleberry Finn title company to "proce
If they keep adding "do not use" words to their list, I won't be able to say ANYTHING ! I am working on a BPO and get a warning that I cannot use the words construction, gas, gasoline, established and many others.
Bank of America is forcing homeowners to do a LOAN MODIFICATION on FHA loans before they start to do SHORT SALE..... I do not get this..If my client decides to do short, what is the point for them to ask homeowners to do loan modification? It is like
If you are a Realtor or short sale negotiator who has done a short sale with Fannie Mae as the investor during the last few months, this blog post will likely raise a question or two. Foreveryone else, it will definitely also raise an eyebrow or two
I was listing properties for American Home Mortgage which then became Power REO which then became Homeward Residential. And now in a conferance call today we were told the sale to Ocwen went through. One thing you can depend on in REO life, nothin
I’m extremely disappointed after paying the $65 to do BPO's for Brillion. It looked promising when I started doing BPO’s for them. My first BPO was Oct 26th. I was told that they are on a 30 day rotation. So I thought, ‘no big deal’. After 8 BPO’s f
Hi guys, Is anyone familiar with either of these? I rec'd a call tonight offering listing. Your comments would be very helpful...I've never heard of them. Thanks in advance.
Got the call yesterday from the company assigned to helping Chrisley figure out the mess they have themselves and most of thier agents in.....The rep said they "do not have enough money to cover the liabilities to the brokers"....Wow, no #&$* sherloc
I heard from a very very good source within Altsource that they have stopped sending orders in Florida (Florida only as far as I know). They have stated they will use brokers for interior orders only and and that they have gone to a "computer models
HAS anyone heard LSI suspending BPO's from agent. Worked with them for 7 years. LSI states i did not address QC requests. spoke to another friend same thing happened to her recently. rumor there is a lawsuit against LSI. Anyone else heard this
BPO Order Acceptance/ BPO Escalated Fees/ BPO Certification
"Effective Immediately: Any accepted order is deemed to have been reviewed by the accepting agent prior to that acceptance and therefore is not subject to an escalation in the fee amount. Fe
Especially the ones for Old Republic Default Management Services? OMG. I have never been so outraged at their forms than I have been with this latest FNMA V3 form. Sometimes it tabs up and down, sometimes left and right. Then all of a sudden it f