Monday, September 24, 2012

Short Sale Vs. Foreclosure from Banks preference.

Lately, especially after the settlement of Department of Justice (DOJ) and Attorney generals against the 5 major lenders, there has been a pronounced shift in the attitude how lenders treat short sale.  In fact, the FHFA announced new guidelines to streamline short sale.

short-sales-vs-foreclosures-banks-preference

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