Originally Posted by Doberman Properties
I was on the phone with LPS yesterday and my processors have been communicating with them all day.
Something weird is going on but I doubt they shut down.
Ive got evictions scheduled for after the first of the yrs so seriously!! a shut down i don't think so.
Wells is doing in-house inspections and audits of their servicer..
Just found out,had to make some call after this post went up...
Funny thing is just after first audit and inspection from wells.. one of my company's asked me to do some free stuff, well not free but at the company's cost with no discount and i have to low ball the bids Ive had outstanding on the jobs..all wells work,so i i agreed.just afew hundred bucks here and their no big deal...
Fact is all the big 5 BANKs that took bail out money are in deep poo.But congress has no choice but Bail out FHA and all the rest or the market will collapse.be thankful that your in the Biz we're in cuz the money is going to start flowing again.And I can tell you that everyone else is hurting but us,Ive got my ducks in a row just doing one state making sure their clients are happy so the servicer is happy then i happy.Am i rolling in money, hell no,but the checks keep coming and my guys are taking to good with the bad just like me..
Do i eat some crap "sure do" but it could be worse i could be trying to sale doors and windows or cars or repairs to home owners that doesn't have any money..
Remember pick your battles wisely.Well i got to go kick a contractor in the butt now good luck.