Senators are introducing legislation to shorten the process of a short sale about time. Sen. Scott Brown, R-Mass., along with Sen. Lisa Murkowski, R-Alaska, and Sen. Sherrod Brown, D-Ohio have joined forces and have a bill in the works. The Bill S-2120 aim is to require lenders to shorten the time to get an approval. This Act may be cited as the `Prompt Notification of Short Sales Act'. And if passed would cut the time to 75 days for approval. This is one to watch…
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