For the people working at Springhouse call centers (I believe, off shore) a
Great Expectations
($300 fee is probably, for them, a months salary).
Absolutely no doubt about this. In fact that figure may be on the high side.
http://www.workingre.com/overseas-AMC-staff-speak-villiam/
And Wait, There’s More
WRE found this on
ISGN’s website at the time of publication:
ISGN is Hiring in India
With a state-of-the-art operations center in Bangalore, we have a wide variety of positions available to support our servicing and default outsourcing capabilities, including mortgage loan processing and fulfillment, underwriting, valuations, title and settlement, closing, post closing, quality control, loss mitigation, foreclosure, REO disposition, IT services and more.
India Jobs at ISGN
If you are interested in exploring mortgage career opportunities, including but not limited to, Mortgage Processers, Underwriters, Mortgage Closers, Title Specialists, HUD Reviewers, and Appraisal Reviewers, please search for available positions below.”
Additionally, in June of last year, Bloomberg reported that
Bank of America opened a unit in India conduct appraisal reviews for residential appraisals, with employees following checklists to verify appraisal “completeness.” The move came after Bank of America laid off 5% of its Landsafe employees in an effort to cut cost earlier that year. (
Read more here.)