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Franklin Credit Short Sale
Franklin Credit Management Corporation is a mortgage servicer who specializes in nonperforming residential mortgage loans. They seem to primarily service notes in 2nd position from our experience but likely service senior mortgages too. For 2nd mortgages they will only do exterior valuations which pose a challenge for properties that need major work. There loss mitigation department also is quite small compared to larger servicers so they don’t allow much room for escalations. Frank Credit short sales can be tough to negotiate as they often request quite high payoffs especially when they won’t do interior valuations.
If you need Franklin Credit short sale help or have questions, please fill out the form below or call 1-800-692-9960 and a specialist will be in touch with you shortly.