Special servicing - Mortgagefit

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Special servicing

adonis

Posted on: 19th May, 2011 11:52 pm

Hi.

Is there any process flowchart for Special Servicer's activities ?

Thanks

Total Reply : 5

Welcome Guest,

I haven't heard of any such special flowchart for Special Services activities.

adonis

Posted on: 20th May, 2011 07:53 pm

Please elaborate, NG. What are you driving at?

gmakerley

Posted on: 21st May, 2011 10:09 am

The Special Servicer does some activities when the loan goes into default. I need some process steps how a special servicer proceed with ? And also what all the possible steps does a special servicer handle ?

Anonymous

Posted on: 22nd May, 2011 11:58 pm

Hi Guest,

You can check out the given page for the same:
"http://www.rurdev.usda.gov/SupportDocuments/3550-2chapter05.pdf"

Thanks

jameshogg

Posted on: 23rd May, 2011 09:42 pm

I'm puzzled, and can't quite figure out what a "special servicer" is, does, etc.

gmakerley

Posted on: 24th May, 2011 11:17 am

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