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The Investor’s Guide to a Single-Family Rental Emergency Fund
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Foreclosures
HomeForumsForeclosuresAny Experience with PennyMac?
Ricky Ostrom's profile image
Ricky Ostrom's profile image
Ricky Ostrom
  • Real Estate Investor
  • from Houston, Texas
  • Member since Jan 17, 2009
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Ricky Ostrom's profile image
Ricky Ostrom's profile image
Ricky Ostrom
  • Real Estate Investor
  • from Houston, Texas
  • Member since Jan 17, 2009
Connect
Ricky Ostrom
  • Real Estate Investor
  • Houston, TX
23
Votes |
85
Posts
Foreclosures

Any Experience with PennyMac?

Ricky Ostrom
  • Real Estate Investor
  • Houston, TX
Posted Jun 27 2010, 16:01

A CitiMortgage note was sold to PennyMac, during our negotiations. Has anyone had any experience with PennyMac on doing a short sale?

It looks like all they want to do is a loan mod and resale the note for profit. :cry:

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