ARCHIVED BLOG POSTS
2010
2
Comments
No doubt you've heard the news recently that a number of major banks have volunteered to temporarily suspend foreclosures in 23 states and Bank of America is temporarily suspending foreclosures nationwide. What does this mean for the short sale market? Will this delay help short sales or contri...
10/13/2010
3
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My notes:Wells Fargo short sale meeting 9/23/10Wells Fargo services 9 million loan customers (2nd to BofA)22% are portfolio assets including Wachovia loans (or owned by Wells Fargo)Therefore, 78% are serviced for loan investors (where Wells is the servicer)Wachovia assets have already been writte...
10/06/2010
