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IS BANK OF AMERICA STALLING ON APPROVING FHA SHORT SALES? UPDATE!!!!
I don't know what is going on at Bank of America,  but I have two stories to that are eerily similar.  Case number #1:
  One short sale was started June 6, 2012.  The date is right.  It really has been going on a year.  It took 3 cases at HUD to finally get the seller out of " loan modification " status and into "short sale."  I have had the same buyer for a year.   On February 19, 2013 I was delighted to receive the "Welcome to Phase 2"  email  from Bank of America.  Yay!!!  We were in the home stretch.  Since that date I have gone through 4 negotiators and suffered through a reorganization of the FHA short sale department.  I've also received 2 more "Welcome to Phase 2"  emails.  Apparently Bank of America thinks it is OK to send me multiple requests to update documents and continually "push" the closing back 30 days each month.  Hey,  Bank of America it is not OK to treat my client like a second class citizen. 
I've attempted to open cases at HUD  (The National Service Center) and discovered that there definitely is a problem at Bank of America.  You see,  you can't open a HUD ... more

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