I have a Menlo Park short sale listing that is in escrow. Chase was the original lender and is now the servicer of the loan. What that means is that after Chase made the loan they sold it to another investor. It could have been sold to Fannie or Freddie, Wall Street, another bank, or an individual. The important thing to remember is that this investor is The Decider. The wonderful negotiator at Chase does not get to make the final decision, the investor does. Now if you have a loan with Chase and have gone onto their web site to investigate what you need to submit for a short sale it does not say you have to send them any information on IRA or 401K accounts. They are not vultures. However, my clients do have a 401 K and their paystub, which does have to be submitted shows that money is withdrawn every month for a 401 K plan. As a result the investor wants to see the account, and could possibly ask my clients to take some money out of their 401 K to settle the debt. It is too bad my clients did not stop contributing to the 401K plan before they started the short sale process. 
Marcy Moyer
Keller Williams Realty
650-619-9285
D.R.E. 01191194
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