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It is most likely being initiated in Equator. GMAC requires a package to be sent to them and then they open the file in equator. usually once you get to equator, GMAC moves pretty fast. Has a BPO or appraisal been ordered yet?
You should be far from the start, once all tasks are completed in Equator you will get a fast response. Who is the investor?
OK, that is one of the first things your agent needs to find out. The investor is the key to the short sale... Probably not likely that GMAC is the investor, they are the servicer. With any luck they are the investor because they are more likely to work with you because they are dealing with their money, not an investors money
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