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Specialized Loan Servicing
Short Sale Report
| Time to Acknowledge |
Time to Approve |
Commissions | Full Release Available |
Comments |
| 3-5 days | under 30 | 5% | negotiable |
Specialized has been one of our favorites, making common sense decisions that maximize capital recovery. They are great to work with but it is hard to tell which loans they are servicing. 2nds where they face a total loss if the 1st forecloses, even with reasonable offers from senior lien holders. They claim that their recovery department can squeeze money out of somewhere after they are wiped out. Dare I ask where? The tooth fairy? Unnecessary foreclosures hurt everyone. Come on Specialized, you are better than that.
Comments
After speaking to mortgage company Specialized Loan Servicing On 12/31/08 and was told my house would be removed from aution date 1/15/09 I signing a repayment plan on 1/08/09 later to find out after sending them close to 20,000.00 that they had re filed on 1/2/09 a new auction date of 5/15/09 and never told me of the date until someone came knocking on my door and told me they could keep me in my house another 4 months that the house was auctioned off back to the bank and was now REO what can I do this aint right Need help desperately.Specialized Loan Services lied to me and stoled my home
This company should be shut down and have the crooks who are running it toss in a maximum sercurity prision where BIG BUBBA will have a new BOYFRIEND!!!
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