Michael Howard

Michael Howard posted a blog post

Bank of America to Exit the Reverse Market and Forms Legacy Asset Servicing Division

How will this effect your current short sale negotiations? Directapproved assigned short sales are coming fast but are current BofA REO agentsgoing to get those listings?Bank of America Home Loans has announced that it will exit thereverse mortgage…

Michael Howard replied to Monica Bazan's discussion Corelogic

"They did just pick up 1/2 of the contract for Premier but they are slow until Q2"

Michael Howard replied to Brandon Jordan's discussion I am RDCPRO certified how many on REOPRO are RDCPRO certified?

"I am RDCPro certified. It was and still is a requirement for Wells."

Michael Howard replied to Bob Coffey's discussion Absolute REO Solutions??

"To all the folks who continue to post on this and the other 15 ABREO forums. THIS COMPANY IS NOT IN THE BUSINESS OF PROVIDING LISTINGS! They are in the business of getting $295 from agents, investing those dollars and paying the $295 back from new…"

Michael Howard commented on Andrea Cruz's blog post Wish I could find out which banks use the portals and required classes I already have. Tired of shelling out more money for training.

"I, as others have posted on this topic in the past Andrea. DO NOT, for any reason sign up for any training unless personally asked or told to do so by a servicer. Having one centric designation like CDPE is a probably a smart move to build your…"

Michael Howard commented on Jesus (Jesse) Gonzalez's blog post Tax Hikes for Others Housing Mistakes.

"Pure propaganda!

FACT, This administration has CUT taxes for 98.6% of working tax payers. (Don’t take my word for it, look it up) Amazing what you can learn if you watch something other than Fox Noise. Sorry Jesse, don't want to live in any…"

Michael Howard commented on John Shipstead's blog post Hey! Did any of you PAS Wells Fargo REO agents get your Status changed to BPO's Only on March 24?

"See some of my posts regarding the change in the "mark to market" accounting rules that were passed last March. First run of those assets won't hit until Sept/October time frame. I can explain in more detail of line if you would like, just pm me."

Michael Howard commented on John Shipstead's blog post Hey! Did any of you PAS Wells Fargo REO agents get your Status changed to BPO's Only on March 24?

"It's true. I know several PAS agents (I am one for several years now and was spared) that were let go also stating they could stay a BPO only agent and am told they had good scorecards as well. I know of a couple other servicers doing the same. As…"

Michael Howard commented on Craig Alexander's blog post Who Made Those Adjustments On My BPO?

"This happens all the time. Several of these companies are not looking for reality but continuity in the comps."

Michael Howard replied to Kyle Whissel's discussion REO Redbook

"Save your money. I am sure somewhere some Asset Manager has looked at it....but I have never met one in 5 years."

Michael Howard replied to Anton Stetner's discussion Who is going to REOMAC Spring Edu. Summit April 14-17?

"I am on the fence for this one. I have to attend the Keystone meeting a couple days before and Desert Hot Springs is in my backyard so.... Carlos if you go it would be great to finally meet you in person (and anyone else on REOPro). Let me know."

Michael Howard replied to Carlos H. Silva Sr.'s discussion Are Short Sales The New "REO" Wave?

"I don't think it’s going to be a fad Steve. I have had discussions with a couple lenders I work with who are moving large chunks of personnel over to new "short sale depts". Word is via new HAFA guidelines at least a couple large banks are agreeing…"

Michael Howard commented on Jesus (Jesse) Gonzalez's blog post Agent says No Thank You to REOPro Lead.

"Jesse, Nonsense. Who's a bigger Rock star than you? You know how it works, these people sign up for anything and anything that says REO. I was thinking a while back that you should have some criteria for being able to join. Perhaps proof of some…"

Michael Howard commented on Jesus (Jesse) Gonzalez's blog post Agent says No Thank You to REOPro Lead.

"Hate to be a contrarian Jesse but these days it is difficult for an agent, especially a struggling agent to discern from the legitimate business opportunity and someone just trying to squeeze another dollar from a desperate realtor. We all get…"

Michael Howard left a comment for Whistle Stop Realty LLC

"Hi Carol. Why the fake photo?"

Michael Howard replied to Addie D Scharff's discussion REOTrans BPO form - what do you think are the PROs & CONs?

"Hi Addie, I have heard the auto accept software companies have already programmed the Kaptcha work around. I had one of my BPO agents logged on at 1.45 in the morning (not sure why they were up that late) and refreshed as an order was coming over…"

Michael Howard

Comments