Will federal short-sale rules speed deals? Lenders have until April 5 to implement procedures for complying with federal short-sale guidelines released in November. In this video interview with REALTOR® Magazine, NAR Managing Director of Regulatory Policy Jeff Lischer walks members through the new rules and the forms that go with them, and shares his assessment of what their impact could be. (Reference IAR)
Metro Life Homes - Palm Springs, CA
California and Hawaii Real Estate (310) 497-9407
Let's hope so.
I think I'm actually starting to see signs of expediency now with my short sales.
Jan 26, 2010 02:41 PM
Midland States Bank - Bourbonnais, IL
As am I. Some of them actually seem like they are getting easier rather than harder. I had one approved through 2 lenders in a week! COULD NOT BELIEVE IT! Closes tomorrow!
Jan 26, 2010 02:47 PM
Midland States Bank - Bourbonnais, IL
Howie,
Here's a link you can use to find the info: http://www.realtor.org/government_affairs/short_sales_hafa
Mar 22, 2010 08:09 AM
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