Monday, October 31, 2011

Happy Halloween!!

We wish everyone a safe and spooktacular evening! Whether you are passing out candy or taking your little goblins and princesses trick-or-treating around the neighborhood, we hope you have a terrific evening!

Tuesday, August 23, 2011

More Bank of America Short Sale Info

Also learned that in 2007 Bank of America had only 12 short sale negotiators, who each had anywhere between 400-600 files that they were working on. Only 12 negotiators??? No wonder why the process was so horrible!! Today they have more than 2800 negotiators and while the system is not perfect, it has improved greatly.

Bank of America Short Sale Information

Learned today that Bank of America only owns 8% of the loans in their portfolio. They service the other 92% for other banks and investors.