Comments for Berlin Patten, PLLC http://blog.berlinpatten.com Real Eatate Sun, 25 Dec 2011 02:52:17 +0000 hourly 1 http://wordpress.com/ Comment on Bank of America Realtor/Broker Listing Agent Certification – Questions and Answers by Kevin http://blog.berlinpatten.com/2011/06/03/bank-of-america-realtorbroker-listing-agent-certification-questions-and-answers/#comment-235 Sun, 25 Dec 2011 02:52:17 +0000 http://blog.berlinpatten.com/?p=179#comment-235 Who at BOA provided these answers? Their Legal Counsel?

]]> Comment on Cautionary Tale Regarding Wells Fargo by Kevin http://blog.berlinpatten.com/2011/11/17/cautionary-tale-regarding-wells-fargo/#comment-196 Fri, 18 Nov 2011 05:30:31 +0000 http://blog.berlinpatten.com/?p=272#comment-196 http://api.ning.com/files/X5tEBcXJEAuxbgsTFHAU95B-iAcGAto3yJrMyf0drTZTV7CfVZVAxj7hlu0yutWpjbhY4jvGSwWpoYImy*4rDOP*oqzgc0Yp/WachoviaShortSalesMadeEasyBlaisdell1.pdf

]]> Comment on Cautionary Tale Regarding Wells Fargo by Kevin http://blog.berlinpatten.com/2011/11/17/cautionary-tale-regarding-wells-fargo/#comment-195 Fri, 18 Nov 2011 01:27:58 +0000 http://blog.berlinpatten.com/?p=272#comment-195 Wachovia had a Fast Track Program, but I don’t believe Wells Fargo has picked that up for the previous loans of Wachovia.

]]> Comment on National Flood Insurance Program Extended Until November 18, 2011 by berlinpatten http://blog.berlinpatten.com/2011/10/12/national-flood-insurance-program-extended-until-november-18-2011/#comment-154 Thu, 13 Oct 2011 14:35:34 +0000 http://blog.berlinpatten.com/?p=251#comment-154 test

]]> Comment on Bank of America Short Sale Seminar Summary by Highlights from a Bank of America short sale seminar http://blog.berlinpatten.com/2011/10/12/bank-of-america-short-sale-seminar-summary/#comment-153 Thu, 13 Oct 2011 03:51:19 +0000 http://blog.berlinpatten.com/?p=253#comment-153 [...] The following is from the Berlin Patten law blog: [...]

]]> Comment on Bank of America Short Sale Seminar Summary by Kevin http://blog.berlinpatten.com/2011/10/12/bank-of-america-short-sale-seminar-summary/#comment-151 Wed, 12 Oct 2011 20:52:25 +0000 http://blog.berlinpatten.com/?p=253#comment-151 http://www.nclc.org/images/pdf/foreclosure_mortgage/loan_mod/lmp_what_to_do_when_the_servicer_says_the_investor_is_not_participating.pdf

What to Do When the Servicer Says the Investor Is Not
Participating
1) Ask who the investor is.
§ Servicers participate, not investors.
§ You can do a 15 U.S.C. §1641(f)(2) request to the servicer to identify the holder, and the
servicer is liable for statutory damages and attorney fee’s if it doesn’t answer you.
§ After June 1, 2010, servicers must provide Fannie Mae with a list of investors who are not
participating; this list could be obtained in discovery or FOIA’ed and cross-checked. HB
Section 1.3 (p. 11-12), SD10-02.
§ If the loan is a Freddie, Fannie, or FHA loan, the servicer has to review for HAMP and
offer a Freddie, Fannie or FHA HAMP modification if the homeowner qualifies. (Freddie
and Fannie are the “investors,” and you can find out if they hold the loan from their
websites; FHA is the mortgage guarantor and requires FHA HAMP participation).

]]> Comment on Bank of America Short Sale Seminar Summary by Highlights from a Bank of America short sale seminar | October 12, 2011 | Michael Braga | Inside Real Estate http://blog.berlinpatten.com/2011/10/12/bank-of-america-short-sale-seminar-summary/#comment-150 Wed, 12 Oct 2011 20:50:43 +0000 http://blog.berlinpatten.com/?p=253#comment-150 [...] Buzz  Digg  Stumble Upon  RSS Feed  Print This PageThe following is from the Berlin Patten law blog:The Berlin Patten short sale negotiating team recently attended a Bank of America Short Sale [...]

]]> Comment on HAFA Policy Changes for Servicers by Kevin http://blog.berlinpatten.com/2011/08/17/hafa-policy-changes-for-servicers/#comment-149 Tue, 11 Oct 2011 06:00:36 +0000 http://blog.berlinpatten.com/?p=227#comment-149 Have you seen anyone large Servicer’s except for Citi actually post these as of today?

]]> Comment on Freddie Mac Does Not Allow HAFA Post Contract by Kevin http://blog.berlinpatten.com/2010/12/20/freddie-mac-does-not-allow-hafa-post-contract/#comment-148 Tue, 11 Oct 2011 05:58:21 +0000 http://blog.berlinpatten.com/?p=146#comment-148 My guess that this would be a ‘fairly’ easy fix. Just advise all parties to cancel the Contract until such time an SSA is received.

]]> Comment on Lender Incentives by Words of caution about lenders offering short sale incentives http://blog.berlinpatten.com/2011/09/22/lender-incentives/#comment-143 Thu, 29 Sep 2011 12:04:18 +0000 http://blog.berlinpatten.com/?p=238#comment-143 [...] Berlin Patten law firm posted the following words of caution on its blogsite about banks that are offering homeowners incentives to dispose of their homes through short [...]

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