Charge off submission. Servicer submitted a charge off recommendation due to a tax sale and resented a credible argument for the charge off. As part of the investigation, RMS disputed the charge off due to the servicer and/or vendor allowing the tax sale but also through the investigation, RMS discovered there were excess sale proceeds in the amount of $89,024.29 that servicer was not even aware of that the investor was entitled to M3 220648. Tax sale. As part of a transfer to a new NY foreclosure attorney, new counsel advised that the investor’s lien was wiped out and recommended the loan be charged off. Servicer was unaware of this but recommended the loan be charged off. After investigation, RMS identified there were over $32,000 in surplus funds and utilized NY counsel directly to file the action and claim for the surplus…
possible option and solution for boomerang buyers might be found in provided options by portfolio lenders with their adjustable rate mortgages created for individuals’ who have recently suffered from bankruptcy, short sales and foreclosures. Former homeowners that have experienced reduction in income, layoff from employment, loss of a job and possess a reasonable debt could stretch their finances and then after a period of three or five years convert to a fixed-rate loan. The FHA financing…
During the Foreclosure Crisis several years ago, my community was hit hard. I never thought I would see homes in my neighborhood being foreclosed. It was unbelievable. I was in middle school and high school when this was going on and heard my parents discussing this many times. I look back and think there were things that could have been done to prevent this from being a nation-wide disaster. I believe that there are things that can be done to minimize the effect of a foreclosure crisis…
The Sales and Marketing Director for Sea Treasures has concluded that change is required to ensure the company’s short-term and long-term future success, due to significant decreases in customer sales. There are numerous considerations that should be addressed during this change; the first one that will be broached is the types of change and the models of change that will be utilized. The first change will be a short-term change that will be conducted using Kotter’s eight-step approach model…
continue its success. Whilst the company was starting out, simply selling cabinet hardware to large contractors, an effective sales force structure would be territorial sales. This way the sales focus on a specific line of products to many different contractors, which can be in numerous locations. This sales force assigns each salesperson to an exclusive territory in which the salesperson sells the full range of the company’s products. However, now that the company is expanding and changing, it…
customer service through hiring superior sales associates and providing exceptional customer service. Every employee at Chern’s should feel valued and cared for, that way they can value and care for their customers. 2. Key components of Chern’s: Chern’s talent philosophy: Chern’s should hire employees that have the right set of skills, traits and attributes to perform successfully at Chern’s. There should be a commitment to attracting, developing and retaining employees that will contribute to…
enhancing marketing activities through proficient inside sales, pre-sales & lead generation processes, Digitalzone is one of the most promising and desirable firms in its genre. Digitalzone has proven to be particularly efficient in terms of building and improving the sales pipeline of numerous establishments, with its unique Market Process Outsourcing Solutions. Digitalzone’s core emphasis lies in Sales and Marketing Solutions like Market Process Outsourcing, B2B List Generation, Lead…
relies so heavily on the independence of their staff to model their image, it is important to find the “right” people. Sales Associates, in particular, have seen an increase in the competitiveness for their position amongst the top retailers. The challenge for Chern is to find that kind of staff, retain that staff, and make plans for staff turnover. Although turnover in the Sales Associate position have been very low over the past three years “...averaging 20 percent…”(Pg.374 Phillips&Gully).…
very short second to the date of my daughter and only child’s birth. The business was to be called Love My Curves Ladies Apparel and would offer clothing, accessories and shoes for plus sized women. I designed and sewed by request as well as ordered items from wholesale companies to sell at my retail store location in Des Moines Iowa. I created a website to sell items from and maintained the website myself. I traveled to other cities to meet with other stores to sell and trade inventory. During…
The goals for Gator Town are for more students, parents and staff to be aware of the Rainbow Tees and increase the sale by 5 percent by the end of May. This is easily achievable with the right amount of advertisements. In order to reach this goal, Gator Town needs to advertise the Rainbow Tees more often by including them in the weekly Gator Bites News, Later Gator Announcements and mentioning them on the morning Gator Eye News. As of now, when students, parents and staff enters the Gator Town,…