All,
Since I gained so much info from you all, I wanted to contribute my experience.
I just completed a short sale with WF (1st) and Chase (2nd). I was current on my payments until closing - no lates.
Today, WF posted to my credit report as "Legally paid in full for less than the full balance."
My credit score dropped 5 points.
I'm still waiting for Chase to post their results and I'll update you all.
JB.
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