Saxon

Average Days from Notice of Default to Notice of Trustee Sale

N/A

Average Days from Notice of Trustee Sale to Trustee Sale

N/A

Total Average Days in Foreclosure

N/A

Time To Acknowledge

3-5 days

Time to Approve

60+ days

Commissions

Full Release Available

Usually

Saxon is the servicing ARM of Morgan Stanley. It appears that all files will be outsourced to component servicers. The servicers will be incentivized to close files but they will also be following the instructions from the lender very closely since they will be dependent on these lenders for additional business. We are told to expect a short sale to take over 17 months on average to close.
Contact Info:
Loan Servicing: 800-594-8422
Loss Mitigation Phone: (888) 325-3502 
Fax: (888) 240-1885

https://www.saxononline.com/common/homepreservation/

Email for short sale info: shortsalenow@saxonmsi.com