Barbara's Blog

Yet another one.  2008-04-25 In a memo sent out to brokers on 2008-04-23, Citi Residential announced its last days:"Effective April 30th, 2008 Citi Residential Lending will transition its wholesale origination platform and related assets to CitiMortgage, Inc. Here are some key dates regarding loa...

Yet another one.  2008-04-25 In a memo sent out to brokers on 2008-04-23, Citi Residential announced its last days:"Effective April 30th, 2008 Citi Residential Lending will transition its wholesale origination platform and related assets to CitiMortgage, Inc. Here are some key dates regarding loa...

Yet another one.  2008-04-25 In a memo sent out to brokers on 2008-04-23, Citi Residential announced its last days:"Effective April 30th, 2008 Citi Residential Lending will transition its wholesale origination platform and related assets to CitiMortgage, Inc. Here are some key dates regarding loa...

The word is out and the banks and servicers need to get a clue. People are walking from their underwater homes in droves. What was once taboo has become the "smart" thing to do for many Americans.This rhetoric that 50% of homeowners do not speak with their lenders or servicers is actually true.Bu...

SHORT SALE PROCESSING Processing a short sale and negotiating a short sale are two different services. Depending on your preference, we will process or negotiate or handle both aspects. With the time it takes to process a short sale packet and handle the case with the lender, a real estate agent ...

NATIONWIDE SHORT SALE PROCESSING Are you a Realtor tired of juggling between the homeowner, paperwork and the lender?   We can help.  Like processing a mortgage application, short sale involve the tedious process of gathering documents, following up with homeowners and preparing paperwork to subm...

An interesting article I found at www.slate.com .  I'm dealing with tons of Countrywide short sales.  They are receiving around 300 short sale packets PER DAY.   80% of my files are short sales with Countrywide.   Crazy stuff.    The foreclosure boom means they're the seller, the lender, and mayb...