This is encouraging.... I just got a short sale with Green Tree as the second. Hopefully things have changed a bit since the original posts. Wish me luck! =)
Well, I was negotiating a short sale with a 1st with BofA, 2nd with GreenTree. BofA took forever but finally approved the SS. GreenTree kept dragging things out and asking for more docs and then finally, more $$ than BofA was offering.
In the middle of all this negotiation (months and months), my client gets a letter from BofA stating that they can't proceed with the SS. WHY? BECAUSE GREENTREE HAD WRITTEN OFF THE LOAN. No notice from GreenTree and my client was 100% unaware that this had been done because GreenTree had done it in the middle of the SS process!!!!
Will NEVER take another GreenTree SS again. Never.
I will never take another short sale that involves GreenTree in any way. Never.