Bank of New York and Short Sale
Have a client who says Litton Loans is their bank. Research indicates Bank of NY mellon owns the mortgage. Anyone dealt with BNY Mellon AND anyone have REO contact information. Litton is ridiculous. They will not approve a short sale which leaves the 2nd mortgage holder at arounf 45 % payoff. They also told me, initially, to send them $205,000 when they are only owed $136,000???