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Is Chase Using Equator Now?

We all have heard been hearing for quite some time now that Chase is going to begin using the equator platform to process their short sales but it has yet to take place. It seems it may now be closer now then ever before. A negotiator at Chase yesterday took down our email address and stated that it was for preparation of the equator system taking effect. We proceeded to dig deeper and were advised by a different negotiator that they were planning on rolling equator out in October. The negotiator stated that they had doubts about it actually taking place this October, but that it officially should be implemented shortly. We can only hope that in a major change like moving to equator that we are not going to experience a slow down in short sale processing time frames as we have with other lenders going through similar transition periods.

 

*Update* Chase using equator is now official, click here for more information.

If you would like assistance in pushing a short sale through equator please fill out the form below If you need equator technical support you can call 310-469-9167.

 

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