Realtor Short Sales Training and Resources
Has anyone done a deal with OCWEN? On their forms it states commissions cant exceed 4%, is this true?
Members: 31
Latest Activity: yesterday
Started by E C Hong Apr 20. 0 Replies 1 Like
1-800-390-4656OREMAILombudsman@ocwen.com you'll get a phone call in about couple of hours.Continue
Started by Stacie A. Kramer. Last reply by Real Estate Mar 19. 2 Replies 0 Likes
I sent over a HAFA short sale package to Ocwen on 10/19. This is a non-GSE loan and my client's husband passed away, which is the hardship, along with many leftover medical bills. Ocwen keeps telling…Continue
Started by Dan Hawkins CRS SFR CSSG CDPE Jan 6. 0 Replies 0 Likes
I have a Short Sale approved with BOA 1st and BOA second. The second was sold to Litton during the SS process and then Ocwen took over Litton in the last 45 days. Now Ocwen tells me can not find loan…Continue
Started by Andy Morris Dec 20, 2011. 0 Replies 0 Likes
Help Ocwen approved a short sale. We asked for an extension on it for an extra week. They say they will give it, A week later we are told sorry you you need to offer higher you have been denied. I…Continue
Comment
Comment by Teral McDowell on March 9, 2012 at 1:43am I am representing a buyer on a short sale with OCWEN primary and GMAC secondary. It is good to read some positive comments on OCWEN.
Comment by Angelica Molina on March 8, 2012 at 3:06pm Hello Christina- They don't have a direct # for the Short Sale Dept. I enjoyed the last short sale I closed with OCWEN.
Comment by Christina Simmons, CSSG,SFR,ABR on March 8, 2012 at 2:09pm Is there a phone number to short sales dept for Ocwen anyone?
Comment by Helena Kaucheck on March 7, 2012 at 12:00am
Comment by Helena Kaucheck on March 6, 2012 at 11:59pm
Comment by Chris Vega on March 6, 2012 at 10:50pm I am preparing for a short sale listing; 1st Servicer: Ocwen Loan Servicing, LLC Investor: Deutsche Bank National Trust Company as Trustee and 2nd Servicer: CitiMortgage, Inc. Investor: Citibank, N.A.. Homeowner has real hardship due to loss of employment and medical events. 1st Balance =$372,000, 2nd Balance= $100,000, Total Principal Balance= $472,000; FMV= $299,000 max. I'll keep this group posted with updates.
Comment by Jose Hernandez on February 1, 2012 at 9:34am I just closed another one with Ocwen and they paid 6%
Comment by E C Hong on October 31, 2011 at 9:40pm
Comment by Wendy Smith on October 18, 2011 at 12:16pm For anyone who has had HAFA HUDs kicked back with Ocwen citing 8% cap on closing costs - Line 1400 cannot 8% of the sale price.
Also, Section E must include the seller's address, not just the name.
After going back-and-forth about this 8% for weeks on one of my files, finally a manager with the escalation team defined "closing costs" - when speaking to some of the negotiators, etc, they were including ALL expenses as "closing costs" - impossible to keep at 8%
hope this saves some aggravation for others
Comment by Helena Kaucheck on September 6, 2011 at 12:54am 
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Started by Stacie A. Kramer. Last reply by Real Estate Mar 19. 2 Replies 0 Likes
Started by Dan Hawkins CRS SFR CSSG CDPE Jan 6. 0 Replies 0 Likes
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