I am a broker in California and Florida.  It upsets me that nothing has been done by the President or any other entities to put a  ban on Deficiency Judgements that banks can get from their clients.  In Florida and many other states that use Foreclosure Procedures a bank is able to file a Deficiency Judgement against the seller for monies owed but not received.  Not all banks are using them but its important to put in the Short Sale Contract verbage that the bank can not seek a Deficiency…