What servicing company has the bank’s work now? The big banks move their work around. The big banks usually hire national mortgage field service firms to perform their inspections and property preservation tasks. Today they are using national company A and tomorrow they are using company B. The work moves around.
When transfers happen, the transfer information automatically becomes TOP SECRET information. The company that lost a client to a competing firm has no idea of who now has the contract now. So, they say.
My experience is that the firm who lost the work provides no notification that the work will soon be transferred to another firm. Even after the transfer is complete, they say that they have no idea of what firm now has the work. What often happens is that you are performing $3 mortgage inspection for a national firm today and tomorrow you have no work. It is gone and you have no idea of what happened. No one knows what happened. The information is TOP SECRET.


Now try and get what company A owes you….all of it