I recently made a comment on the blogpost below.
http://activerain.com/blogsview/1773700/old-republic-equity-credit-...
BofA declined the deal with the following message:
"Hello-The MI Old republic's approval letter does not fall within HAFA guidelines. This file will be closed and you may take the offer to BAC for a traditional short sale. Thank you".
I restarted in Equator.
In the interim the potential buyer is understandably upset and wrote a complaint to "OCC" as well as local congresswoman, Doris Matsui.
Bank of America contacted her via this gentleman:
Aaron Jones
(412) 918-7364
Fax (804) 553-8267
The buyers agent is now asking for an authorization to communicate for HER BUYER to speak with Bank of America.
Has anyone of you ever done this? What are your thoughts regarding this request? My seller isn't wanting to sign an ATC for the would be buyer.
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