Update to Predatory Practices against Homeowners! We closed without having to go through Auction.com
Update to Predatory Practices: The property in question that brought this Nationstar vs. Auction.com issue to light, has now closed! We were able to successfully remove the Auction Task and complete the Close of Escrow last week without participating in their mandatory process described, below. This was done by the cooperation of the Platinum Elite Group Team and Negotiation Service Providers as well as all of those that are involved in any transaction that is distressed. Thank you to everyone that participated, responded, and commented on this article. It is the collaboration and activism that empowers us to push through the complexities thrown at us through the Lending servicers and the sometimes unrealistic guidelines set in place by the investors.
We believe in the education of our clients as to all of the options available to them, by doing so, we have found the Homeowner to be able to make the…
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