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Short Sale Training - Managing the BPO Process

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Uploaded by on Nov 19, 2008

This training was taught by Scott Thompson of Mortgage Resolution Services on "Managing the BPO Process"

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Education

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  • The BPO agent is there to do his job in a non biased manner. Your suggested managing of this process may lead to a decline of offer from the bank. As the BPO agent I would put in the report restricted access, content & times contacted by agent & my interpretation of his intent. Using this same technique on an appraiser will get you reported to the DRE as attempting to influence value.

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