Shortsalenurse's HAFA Blog

March 23, 2012

Are you a Realtor, Title or Escrow Professional that feels you have been EXTORTED by a Second Trust Deed Holder? Especially PNC BANK?

Filed under: Uncategorized — shortsalenurse @ 2:39 am

 MESSAGE TO LENDERS, WE CAN NOT WORK FOR FREE!

BE CAREFUL WE {REALTORS, TITLE AND ESCROW PROFESSIONALS}

ARE  ABOUT TO JOIN FORCES,

If  under the current “Loss Mitigation Systems” you have had to deal with an unreasonable requirement from

2nd Trust Deed Holders you will want to see this video.

Change is not that hard to achieve.  All we have to do is e mail the Treasury Department and tell them to follow this suggestion of come up with something even better to make lenders declare the rules they are using.  Are the First and Second Trust Deed holder going to process on  HAFA or are they NOT?   Also is there an incentive (Perverse Bonus) for the loss mitigaion officer?  Are they on a commission structure.? Everyone knows how Realtors, loan officers, Title Companies and Escrow Companies are  paid, there compensation is disclosed.   How is that Loss Mitgation Officer paid?  Is it ethical to have a bonus paid to someone that is blocking economic recovery?  I think at a minimum we should know that if we are dealing with a commissioned agent, their motivations may not be in sync with the community goals, of avoiding a foreclosure.  Even in a Car Dealership you can talk to the Manager and there you know everyone is on commission.  Why do we allow the manangment structure of a Federal Savings Bank  Loss Mitgation Department hide?

George Kenner, Broker Associate Keller Williams Realty,  Ca. Lic Number 01229951  G.kenner@yahoo.com  619-723-5714

4700 Spring Steet, La Mesa Ca. 91941

 

All Marketing done with the Assistance of Kalabash Marketing, Good Night Mrs. Kalabash where ever you are!

The Traditional Secret Message , Don’t Look this is for Mrs. Kalabash only!

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