March 2024 » thefivestar.com
55
March 2024
S P O N S O R E D C O N T E N T
need for the DIL report. Instead of starting
over, our team leverages and builds on
the information we've already collected to
save the servicer money."
That information would go back 40
years and typically includes two owners,
versus the short, one-owner Sale Property
Report. "When we do a search for DIL,
we're including more in-depth detail, so
the servicer has a complete understanding
of the property they're bringing back into
their inventory," Walshe said.
Daniel added that ServiceLink can
support both short sales and DIL trans-
actions.
"We have an entire team of experts
with experience in processing DIL and
short sales; they are always available to
answer questions. Our goal is to manage
these processes smoothly to benefit bor-
rowers and servicers alike."
"[The Short Sale Property
Report] gives immediate
insight into the
property and tells them
up-front which route—loan
modification, short sale, or
deed-in-lieu—is likely to be
the best path forward."
—Jody Walshe, Assistant VP, Deed-in Lieu-Title, ServiceLink.
