New MCS App for properties - REO Property Preservation Forum
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post #1 of 32 (permalink) Old 01-15-2015, 08:09 AM Thread Starter
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New MCS App for properties

So we get an e-mail stating starting 1/15/15 MCS is requiring all Wells Fargo orders to use a special moblie app to check in at the properties.

Anyone hear of this?

I e-mailed my husbands RVM and asked if he will get more money for the added steps.
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post #2 of 32 (permalink) Old 01-15-2015, 08:18 AM
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Originally Posted by ctquietcorner View Post
So we get an e-mail stating starting 1/15/15 MCS is requiring all Wells Fargo orders to use a special moblie app to check in at the properties.

Anyone hear of this?

I e-mailed my husbands RVM and asked if he will get more money for the added steps.
I have heard from people on this very site. I have also heard that in March MCS is losing some if not all of Wells Fargo. Too many reconveys so Wells is frustrated.
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post #3 of 32 (permalink) Old 01-15-2015, 10:32 AM
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I have heard from people on this very site. I have also heard that in March MCS is losing some if not all of Wells Fargo. Too many reconveys so Wells is frustrated.

I also got some inside info just yesterday along those same lines, and what WF (and other banks) intend to do post MCS (and other nationals). Good chance this default mortgage services industry is going to reinvent itself in 2015. I for one am more than ready.

Iíve already told you more than I know.
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post #4 of 32 (permalink) Old 01-15-2015, 12:54 PM
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Hope the contractors glued to the nationals can do some reinventing as well.
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post #5 of 32 (permalink) Old 01-15-2015, 05:08 PM
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Hope the contractors glued to the nationals can do some reinventing as well.
. . .and I think that statement right there is going to be the theme of 2015.

Iíve already told you more than I know.
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post #6 of 32 (permalink) Old 01-15-2015, 07:16 PM
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apps

yes several lenders as of the 12th thius month is requireing us to do it and anyone who steps foot on property to have a aspen grove abc # and everyone log in they are there i think is a lil aggressive myself
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post #7 of 32 (permalink) Old 01-16-2015, 10:12 PM
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. . .and I think that statement right there is going to be the theme of 2015.





A year ago I firmly believed the end of 2014 was going to look vastly different than the beginning of the year.
There wasn't as big of change as I expected, sure we have a few hack regionals go down in flames taking a whole lot of contractor money with them.
But the big changes I was expect.


Maybe that'll come in 2015.

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Amateurs are people that can't do their job even when they do feel like it.
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post #8 of 32 (permalink) Old 01-18-2015, 09:12 AM
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They already tried sign in sheets but nobody uses them. They need a record of WHO is at a property on any given date. Look at it this way, it is a CYA sorta thing.
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post #9 of 32 (permalink) Old 01-18-2015, 09:42 AM
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They already tried sign in sheets but nobody uses them. They need a record of WHO is at a property on any given date. Look at it this way, it is a CYA sorta thing.
How does this help? If I were less than honest I could fill my truck with copper or whatever before I use the app and "Claim" that's how I found the property. Or I could do it after or you could simply come back later once you offload your mower and air compressor and make room. I've seen contractors arrested for all of the above.

All this app does is screw up our ability to track invoices and write thorough bids.
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post #10 of 32 (permalink) Old 01-27-2015, 06:33 AM
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Feb 01 is when MCS will no longer be doing work for Wells in Florida, March maybe be the month when they loose Wells work nation wide.
As far as the ABC# I think it`s a crock of ****...Aspen Grove is a spin off of Wells, just another way to produce revenue off the backs of contractors...by the middle of this year look for a processing fee per photo on the upload side,as far as the MCS app, it does have it`s flaws, reports from the field are saying that it only works approx 30% of the time. IMHO, it`s just a way for them to dispute payment and or back charge for not following procedure. We no longer have a horse in the PPI race but we do work closely with Paul Williams over at Foreclosurepedia, he is busting pretty damn good, he is a friend of labor and wants the industry given back to the contractors. Join his organization if you haven`t already, there is a wealth of knowledge for the seasoned vet and the newbies, he is definitely not afraid to go down the rabbit hole.
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