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Hi All -

I just learned that FHA has denied a short sale because the indemnification has expired.  The processor (Wells Fargo) couldn't really explain what that means - but he said that means the sellers won't be able to do a short sale or a deed-in-lieu - but they could try for a loan mod.

Has anyone ever heard of this?

Sellers have already moved out-of-state and have gone through bankruptcy - so, a loan mod is not really an option.

Thanks,

Jackie Titus