Dawn Uselding's Blog

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Services for Real Estate Pros - A New Dawn Real Estate Services, LLC
RECENT BLOG POSTS
I have been having a very mentally stimulating and enjoyable debate with another AR'er when it dawned on me that this person may intend to advise his clients to do something that could possibly cause harm.  Of course it would not have been done intentionally to cause harm, but out of a misunderst...
01/09/2010
My question is short and sweet. I have a homeowner who had a typo in her contact info on Equator and we can't get it corrected. I spent 4, yes four, hours on the phone with BOA and NO ONE knew how to get into the system and make a correction. I had several helpful suggestions like , tell your sel...
01/08/2010
I am confused!!                         I wrote a post that apparently was featured..  Other people thought it was featured - they congratulated me.  On my home page it said-Featured Posts -1. Now I will be honest -  I didn't really think much about being Featured until it happened.  Then I was e...
12/05/2009
Here you go..  Remember lenders can enter into contract to participate in the programs until 12/31/09, so the list may expand. Name Web Site Phone Service Address Fax Allstate Mortgage Loans & Investments, Inc. http://www.allstateocala.com/ 866-351-0200 P.O. 1201, Crystal River, FL 34423 352-351-...
12/03/2009
Section Four - Evaluation    This section has a few twists.  Deadly deadlines!  Once the servicer determines the borrower is eligible for HAFA (based on its own written policy) there are 6 steps the servicers must follow to determine if a SS or DIL will be extended.  I want to find out if the pol...
12/02/2009
Section Three - HAFA Considerations This section outlines what a servicer must do to participate in the HAFA program.  First they need to have developed a written policy (consistent with Investor guidelines) that describes the basis on which the servicer will offer the HAFA program to borrowers. ...
12/02/2009
  Section Two - Foreclosure Alternatives We already covered what a short sale is in the Background Blog.  So under this program the servicer will allow the borrower to list the property for less than the full amount owed and the net proceeds from the sale are accepted as a short payoff of the mor...
12/02/2009
Section One - BACKGROUND We should all be familiar by now with HAMP (Home Affordable Modification Program).  That is the program that was set up to apply uniform loan modification processes to assist eligible borrowers to obtain monthly payments on their 1st mortgages that were affordable.   What...
12/02/2009
Well, Here we go.  My good friend Matt sent me these bullets of the program's key guidelines: Lenders must respond to Short Sale requests within 10 business days of receipt of the offer package. Is this for approval to participate in a short sale, approval of the actual short sale acceptance, ord...
12/02/2009
Ok, lets break this down into bite sized pieces.  Starting tomorrow I will read the all 43 pages of the Supplemental Directive to 09/09 and blog on each section.  By the time we are done, we will all understand much better the proposed guidelines announced on Monday. I can't wait to dive in and f...
12/01/2009
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Dawn Uselding

Short Sale Assistant
local_phone(262) 573-6309
smartphone(262) 573-6309
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This is a blog about why a short sale negociator is a good investment.