Announcement: New Trade, Streamlined REO Assignments
To keep pace with the escalating demands of today’s market and our customer base, Alacrity Services continues to upgrade its service offerings. In partnership with Lowe’s, we are pleased to announce that we are beginning a phased roll-out of a new roofing program, starting with select Florida markets. Assignments for this program are separate from general Specialty Contractor Network (SCN) roofing assignments and carry a Network Fee of 5.00%, as indicated in the newly amended Network Fee Addendum posted to AlacNETSM. Note that general SCN roofing assignments will continue to be assessed the standard SCN Network Fee of 4.25%.
Additionally, we have taken measures to improve and streamline the process for Wells Fargo Real Estate Owned (REO) assignments by directly integrating with Wells Fargo’s assignment system. This integration will simplify and improve the assignment process for all involved. A $10 assignment fee will be assessed for each assignment that is generated.
The above-mentioned changes will become effective Sunday, May 15, 2016. If you have questions regarding these changes please call your Alacrity Regional Field Manager. For the specific contract amendment, refer to the Contract Info tab in AlacNETSM.
IF YOU NO LONGER WISH TO PARTICIPATE IN THE AlacNETSM PROGRAM AS A RESULT OF THESE CHANGES, PLEASE NOTIFY ALACRITY SERVICES’ CONTRACTING & CREDENTIALING DEPARTMENT AT 866-953-3220 AND SELECT OPTION 4.
May 3, 2016