Financial Asset Services is Door Knocking for Short Sales
In an effort to motivate homeowners who have lost hope as their mortgage fall more and more behind, Financial Asset Services, Inc. is employing licensed REO and Short Sale Agents around the country to knock on doors in order to communicate options directly to homeowners in distress.
If they are able to engage the homeowner in a dialogue they outline options for Short Sale and Deed-in-Lieu of Foreclosure available through the mortgage lender. Since they are representing the Lender, they must stay compliant with all regulations in the Fair Debt Collection Act.
FAS is finding that door knocking is an effective way of getting to those homeowners who have stopped responding to mail and phone calls about their delinquent mortgage.
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