Personally I've seen PR stunts like this since 2007. There are usually loop holes... Most of what I see in the bulletin will make sure servicers make sure they are communicating with you. However I see nothing that says things will change. Read the blog below

http://www.blogger.com/blogger.g?blogID=7458577931460989533#editor/target=post;postID=6077792031602586639

You need to be a member of Short Sale Superstars to add comments!

Join Short Sale Superstars

Email me when people reply –

Replies

  • I guess this remains to be seen. The loop hole is "Once submitted" of course this means once the lender has every piece of paper they could possibly want. Also, if they don't meet the 30 day time frame all they have to do is sent out weekly updates to the borrower. This means more junk mail :)

This reply was deleted.
********************************** like buttons ************************