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25 December 2008 | 4 replies
The MI company was Radian and they denied the short sale when the lender approved it.Call their loss mitigation department and treat them as you do any other negotiator, explain the situation and send them over your data and comparables to support your offer.What happened on my deal is that the MI company apparently approved it as long as the 1st lien was willing to take more of the loss, I am not sure about the specifics but they came to their own agreement and I was able to get the deal done.The point is be persistent and don't take no for an answer.
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3 January 2009 | 3 replies
You may have to educate the loss mitigator.
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7 February 2010 | 9 replies
What is your success rate at collecting Negotiation Fees, Loss Mitigation Fees, Admin Fees, whatever you call it (please include that as well, if you would) are you having with banks these days?
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8 February 2009 | 2 replies
I am interested in buying a defaulted note from Bank of America in lieu of a short sale, but loss mitigation doesn't know that that is possible.
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20 January 2009 | 10 replies
I feel buy utilizing this forum, costly mistakes can be mitigated.
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3 June 2009 | 5 replies
Have you guys done anything to mitigate the risk?
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17 March 2009 | 2 replies
Mitigation plan - What happens if you get hit by a beer truck?
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29 January 2010 | 43 replies
The idea of deferring taxes and having your capital "uninhibitedly" grow sounds great, but the govmt will get the taxes later, AND the tax rates will be higher then they are now, you can be certain of that.I'd rather be able to act in an unfettered and free style with my capital ("it is my money, I'll use it when and how I want") and work out the best strategies I can to mitigate the taxable events through each year.
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11 April 2009 | 2 replies
I need a Citifinancial direct email for an actual person in Loss Mitigation besides Dianne Whatley.
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17 April 2009 | 19 replies
I thought that I was limiting myself to that, that I was mitigating risk.