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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Not as easily as flipping a switch Posted by Tom on April 14, 2008 at 9:11 AM In Reply to: Transfer of Servicing Rights During Foreclosure posted by larrywwww on April 13, 2008 at 6:47 PM Not as rare as one might think. Other than a substitution of trustee being recorded, it shouldn't affect the foreclosure one iota. However the foreclosure could be delayed as the new servicer processes the foreclosure into its system. Delays are almost inevitable when changing servicers. How long? Best guess: A few weeks. Depends on many administrative factors to include how efficient the new servicer is & how much their workload increased. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Not as rare as one might think. Other than a substitution of trustee being recorded, it shouldn't affect the foreclosure one iota. However the foreclosure could be delayed as the new servicer processes the foreclosure into its system. Delays are almost inevitable when changing servicers. How long? Best guess: A few weeks. Depends on many administrative factors to include how efficient the new servicer is & how much their workload increased. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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