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BANK OF AMERICA NEW SHORT SALE CONTRACT PACKAGE In the never-ending revision of lender rules for short sales, Bank of America recently released a new package of documents preliminary to considering a short sale of a mortgage held or serviced by them. This package of documents eliminates the preli...
A Florida appellate court decided earlier this week that merely stating that the Plaintiff loan servicer has the authority to foreclose the mortgage is not enough. In Elston vs. CW Capital Management, decided April 4, 2012, CW Capital stated that it “has been and is duly authorized by the Trust ...