Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 15 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Richard Murphy
  • Residential Real Estate Broker
  • Portland, ME
0
Votes |
2
Posts

Bank of New York and Short Sale

Richard Murphy
  • Residential Real Estate Broker
  • Portland, ME
Posted

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???

Loading replies...