Comments on: Fremont Downgraded Faces Liquidity Problems

By: Cyndee Haydon

Cyndee Haydon — Sat, 23 Feb 2008 03:31:51 +0000

Morgan,
We are seeing lots of bank-owned properties now hitting our market – seems we’re moving past the short sale phase and into the liquidating inventory stage. I feel for the seller who are relocating or getting divorced – your neighbor’s house is killing your equity!

By: Morgan

Morgan — Mon, 18 Feb 2008 02:12:26 +0000

wendy rob » Great question. now that the mortgage division is closed you may have a hard time reaching folks. I recommend also trying the Hope Now Alliance: Hope Now has supported a toll-free hotline, 1-888-995-HOPE, which is available 24-hours a day to provide mortgage counseling in multiple languages.

By: wendy rob

wendy rob — Fri, 15 Feb 2008 20:46:21 +0000

how does one get to talk to a real person/decision maker in this company? Have been trying since this summer to work with these people to save our home and get someone to work with us!!

By: jane doe

jane doe — Wed, 13 Feb 2008 00:38:52 +0000

I worked for Fremont in the Foreclosure/Loss Mitigation Department for several years. Non-existant underwriting guidelines is an understatement. Fremont got exactly what they deserved!

By: Greg

Greg — Wed, 06 Feb 2008 03:39:42 +0000

Kind of amusing…the house around the corner from me was is now owned by Freemont, listed for almost 200K less than what they were on the hook for. Never could understand what the previous own did for a living, and how he could drive around in a new Escalade. It’s all making sense now.

By: loan guy

loan guy — Wed, 06 Feb 2008 02:08:50 +0000

Dang, wish I had a chance to work for that company befor the $h*t hit the fan…