We have to change title companies, since one underwriter refuses to issue title insurance based on the lack of solid release language.
Does anyone have a letter from GMAC for an FHA short sale that they can share so I can provide it to the negotiator?
Let me know, please. This looks to me (and the underwriter) like GMAC will take the buyer's money, but leaves themselves open by not offering a full release - even though they are accepting the HUD1 form, and even though this is an FHA loan that has to be released.
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