Archive for April 24th, 2012

New Freddie Mac Short Sale Timeline for Short Sale APPROVALS!

April 24, 2012

I guess I’ll believe it when I see it, but Freddie Mac announced April 17, 2012 that they wanted to speed up the short sale proccess. This is always good to hear as a negotiator. We’ve been very lucky with most of our sales. Our average time from submission to approval is 47 days, however, […]

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New Bank of America Short Sale Changes NOW IN EFFECT for Massachusetts / NH Sellers

April 24, 2012

BANA – BofA – BOA – Rollout Bank of America, giving itself the new acronym BANA this year rolled out several new changes for negotiators on April 14.   These changes were so cumbersome, BOA shut down for over 10 hours to implement the system. Agents need to have 5 key documents when initiating a short […]

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