MCS loses Midwest Region - REO Property Preservation Forum
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post #1 of 26 (permalink) Old 04-04-2015, 11:11 PM Thread Starter
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MCS loses Midwest Region

Fannie yanked their contract Apr 15. That was a short marriage

Also the primary SAMS Vendor for Midwest region was fired. Another short marriage

Both WELL DESERVED.
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post #2 of 26 (permalink) Old 04-04-2015, 11:31 PM
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While I'm sure they both deserved it, Fannie has blame as well. Their unit pricing has gotten so ridiculous that they deserve the crap the SAMS vendors are dishing out.......



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post #3 of 26 (permalink) Old 04-05-2015, 12:01 AM Thread Starter
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I'll give you 2 examples from last week:

21sq roof and gutters SAM vendor charged $17,100. The roof sub charged the SAM vendor $8950.00.

Curb Stop replace SAM Vendor charged $11,000. Excavotion Company billed $3400.00

Fannie is way overpaying BUT they are paying. These regionals are gouging and US TAXPAYERS are flipping the bill.
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post #4 of 26 (permalink) Old 04-05-2015, 12:03 AM Thread Starter
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Brad you must be rubbing the top of your head about now eh?
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post #5 of 26 (permalink) Old 04-05-2015, 12:14 AM
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Brad you must be rubbing the top of your head about now eh?
I'm scratching how the SAMS vendor I work with can't/doesn't get those numbers. $275/SQ for roofing. $675 for 50 gallon electric water heater. Numbers nowhere near that and one of my realtors is confirming that from Equator........



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post #6 of 26 (permalink) Old 04-05-2015, 12:30 AM Thread Starter
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These SAMS guys bid it. Numbers I have seen is ridiculous.

Congrats to those Badgers.
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post #7 of 26 (permalink) Old 04-05-2015, 07:36 AM
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$675 for 50 gallon WH????? That doesn't even cover materials.......screw that noise.
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post #8 of 26 (permalink) Old 04-05-2015, 07:37 AM
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Any word on who is getting the contract at the takeover point?

I suppose they will bring in one of the BIG boys from the West Coast as their new SAMs vendor here.



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Fannie yanked their contract Apr 15. That was a short marriage

Also the primary SAMS Vendor for Midwest region was fired. Another short marriage

Both WELL DESERVED.
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post #9 of 26 (permalink) Old 04-05-2015, 09:40 AM Thread Starter
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Rumor is a company from Michigan. Don't know who that would be?
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post #10 of 26 (permalink) Old 04-05-2015, 09:56 AM
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Rumor is a company from Michigan. Don't know who that would be?
GTJ Consulting,LLC. They are from Mi, and currently have the Fannie contract in MI, they took it from AMS. Fannie prices are way to low, we get some from SL and the siblings, very minimal thankfully!
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