Chase put LPS on hold for poor performance - REO Property Preservation Forum
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post #1 of 59 (permalink) Old 11-15-2012, 03:28 PM Thread Starter
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Chase put LPS on hold for poor performance

So who has all of that Chase bank work?
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post #2 of 59 (permalink) Old 11-15-2012, 04:24 PM
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Safeguard does a ton of FHA for chase. Not much REO
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post #3 of 59 (permalink) Old 11-15-2012, 04:39 PM Thread Starter
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Safeguard does a ton of FHA for chase. Not much REO
This was mostly P&P. Not sure if it was all the way across the board or just the P&P stuff?

I wonder if NFR got it?
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post #4 of 59 (permalink) Old 11-15-2012, 05:33 PM
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I am sure eventually it will be our fault
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post #5 of 59 (permalink) Old 11-15-2012, 05:58 PM
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Originally Posted by Doberman Properties View Post
This was mostly P&P. Not sure if it was all the way across the board or just the P&P stuff?

I wonder if NFR got it?

Hope, I do work for NFR. there pretty easy to work for Hud regs. - 20% ! Wish they all did this, getting so tried of the flat rate game!
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post #6 of 59 (permalink) Old 11-15-2012, 06:25 PM Thread Starter
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Hope, I do work for NFR. there pretty easy to work for Hud regs. - 20% ! Wish they all did this, getting so tried of the flat rate game!
We liked NFR but they had no real volume to speak of. We had quite a bit of work around Owensboro for a bit then it got spotty.

The people there were real easy to work with.
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post #7 of 59 (permalink) Old 11-15-2012, 06:34 PM
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Did an interesting one for FAS. It has chase LPS on the work order completed 4 weeks ago
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post #8 of 59 (permalink) Old 11-15-2012, 06:54 PM
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We stopped getting Chase work about halfway through summer, I work for LPS, And as I said before, Wells fargo has LPS on probation also....
Its scary because they pay decent and we do good with them! High volume!

They had a vendor conference this summer outlining these issues, and since then they approve alot more bids.

Hopefully it gets better!
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post #9 of 59 (permalink) Old 11-15-2012, 07:07 PM Thread Starter
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Did an interesting one for FAS. It has chase LPS on the work order completed 4 weeks ago

That IS interesting.
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post #10 of 59 (permalink) Old 11-15-2012, 08:59 PM
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That IS interesting.
If your in this business long enough you'll see the banks make their rounds...sorta like a Flavr-a-the month club.
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