An ActiveRain member pointed me to ongoing discussions regarding ARM'S LENGTH AFFIDAVITS and the Bank of America new THIRD PARTY AUTHORIZATION that popped up just this past month. The new Third Party Authorization requires that short sale negotiators state that there are no misrepresentations - j
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03/31/2012
Your neighborhood is losing its owners through short sales and you hear stories of your neighbors that had big mortgages but are selling their homes for ridiculously low amounts (so you think) and apparently not having to pay the bank the “deficiency” of the amount still owed on the mortgage. Of
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03/22/2012
I was honored this week by being the Featured Member of Attorneys Title Insurance Fund – known in Florida as THE FUND, one of the premier title underwriters in Florida, in their first monthly MEMBER SPOTLIGHT. The initial part of the article is accessible at www.thefund.com. The full article is
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03/22/2012
In a gradual and interesting development, Fannie Mae servicers have determined that short sale applicants that are not at least 60 days late WHEN THEIR SHORT SALE APPLICATION (CONTRACT) IS SUBMITTED will be rejected without review of the short sale contract. This is quite different from previous
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03/03/2012
