I have a client who short sold in 2010.  He just recently received a letter from Bank of America regarding that loan & property address stating:

"Your recent home loan inquiry was received and we're in the process of concluding a review to provide you with a response.   We appreciate your patience while we complete this request."

Any insight?

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Did the seller ever verify the lien release was recorded? Was it a 1st or 2nd loan ?

Thom, good point.  We'll look into the lien release.  The letter was from the 1st.

Incompetence on BOA's side. I just completed one with them where my seller needed a Name Affidavit for a name he has never and will never use, but they entered him into their system sonewhere and dropped the "Jr." after his name. They then made me change the city to "Trinty" since that is how they spelled it in their system. Should be Trinity. According to them, it was easier to do this than change it in their system. My guess is this was a system glitch.

Sharon, I feel it is likely that someone goofed at Bank of America and reopened something.  I submitted a new third party authorization & will try to talk to someone.

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