Ocwen/Altisource - REO Property Preservation Forum
 
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Old 02-15-2012, 10:03 PM
MidWest75
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Ocwen/Altisource

Good evening everyone. Would like to find out if anyone else is doing work for them! Thank you,
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Old 02-15-2012, 10:58 PM
FremontREO
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Quote:
Originally Posted by MidWest75
Good evening everyone. Would like to find out if anyone else is doing work for them! Thank you,
Nope never heard of them :whistling
Old 02-15-2012, 11:03 PM
MidWest75
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Thanks for responding :-)
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Old 02-15-2012, 11:23 PM
FremontREO
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Quote:
Originally Posted by MidWest75
Thanks for responding :-)
Just giving ya a hard time

There is probably 1000 posts about them on CT.
Old 02-17-2012, 08:29 PM
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We were, aparently they are getting rid of all the small businesses and only using statewide vendor's. We have 25 REO's remaining and have been told there will be no more! One of their new requirements are you must have $250,000 in your operating account. So much for the middle class!! Why do you ask??
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Old 02-17-2012, 08:35 PM
MidWest75
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Can someone send me the thread of the other posts? Shocker they are getting rid of the smaller companies. I heard this was going to happen. I believe its only going to effect REO dept. Not pre foreclose but its hard telling. Bunch of Crap is all it is. It won't work out for them!!
Old 02-17-2012, 08:36 PM
MidWest75
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And, I asked because that's who we work for :-)
Old 02-17-2012, 09:32 PM
FremontREO
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Have you heard that the large realty companies are taking over the Statewide accounts? I was contacted today to do 2 mold inspection/bids for Ocwen. Never have worked with this realtor so they have to earn my trust and she kept saying that they have acquired the Statewide Contract now and she needs to have some Certified Mold Contractors to do the work.

I said I would be happy to do the inspection and bid for $350 and this is refunded upon approval.

"WHAAAAAT?" was the response.

"Sorry till I see the work there is a charge for all estimates for any Ocwen work."

Realtor response: "what the hel* is wrong with all you contractors wanting estimate fees?"

My response: "you must have a lot to learn and I cannot be a victim of your learning curve...if you need the bid mail the check and the address"

IF what she said was true about taking over the STATEWIDE contract then OCWEN will tank soooon. Realty's taking over statewide contracts will be a disaster.
Old 02-17-2012, 10:15 PM
MidWest75
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Yes, I totally agree. The realty companies here can barely manage their listings. This will never work!! I believe Ocwen use to give Realtors the work and they were to find the contractors. This is what they are going back to? Wow!! Amazing!!
Old 02-17-2012, 10:34 PM
FremontREO
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Dunno....thats what the realtor said to me on the "please bid this for me" call.

All the realtors we work with dropped Ocwen and won't work with them.
 

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