avoid foreclosur: Proposed Bill To Speed Up Short Sale Process? (Short Sales)
- 03/21/12 01:00 AM
Not sure government regulation is the answer here. My question is, how would the government possibly enforce this? Unless you provide a real incentive to the servicers to complete short sales in a more efficient manner, I don't think you can expect any change. Proposed Bill to Speed Up Short Sale Process and Prevent Foreclosure By: Esther Cho, DSNews.com To avoid losing homes to foreclosure due to long response times for short sale transactions, three senators introduced legislation to speed up the short sale process.
Senators Lisa Murkowski (R-Alaska), Scott Brown (R-Massachusetts), and Sherrod Brown (D-Ohio) proposed the bill … (1 comments)
Not sure government regulation is the answer here. My question is, how would the government possibly enforce this? Unless you provide a real incentive to the servicers to complete short sales in a more efficient manner, I don't think you can expect any change. Proposed Bill to Speed Up Short Sale Process and Prevent Foreclosure By: Esther Cho, DSNews.com 
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