Vanessa Calhoun's Blog – November 2010 Archive (1)
Wells Fargo Updated Foreclosure Postponement Guidelines For Short Sales
Well....after all of the hoopla from last month's report that Wells Fargo will no longer postpone foreclosures on short sales, NAR reports that they've been in meetings with Wells (and several other large lenders) to address concerns regarding their short sale processes and REO disposition processes. Now, Wells is reporting that they WILL allow one (1) foreclosure postponement on a short sale if the following conditions are met...
1) Wells Fargo has an APPROVED short sale…
ContinueAdded by Vanessa Calhoun on November 24, 2010 at 4:25am — 3 Comments
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