Charfen Institute, authors of the CDPE designation, aired an exclusive industry broadcast with Bank of America’s Bob Hora.
Bob Hora, Senior Vice President of Mortgage Servicing at Bank of America Home Loans, provided insight into Bank of America’s evolving approach to managing their distressed mortgage portfolio, which included plans to increase short sales by as much as 60 – 70% next year.
To achieve this goal, Bank of America is improving their short sale process, including:
- New community outreach campaigns
- New homeowner education initiatives
- Increased communication with agents and homeowners
- An easier escalation process
- Equator improvement, including back-up offer support
- And more…
Find out what you missed on the broadcast in this FREE report.
