NEWSLETTER: BofA Short Sale: NEW HUD Guidelines

Good morning Superstars.

Here's a sampling of this week's Superstar discussions.

Discussions	Replies	Latest Activity
IRS Lien release about to expire - any way for an extension? To make a long story short, we are the buyers of a SS. It was approved by seller's lender in December and when we went to close, discovere… Started by Steve Truman	0	14 hours ago
1st & 2nd want the other to issue approval 1st-standoff This is CA HAFA 1St-SLS 2nd-Chase Recovery because loan was discharged by Chase Can't move on. Both are refusing to issue the approval lett… Started by Bonnie Dyer	6	yesterday Reply by Ron Scribner
Morgan Stanley Mortgage Capital Holdings LLC Has anyone ever dealt with this company? I have a second lien that needs a release and it was just transferred to this company. I tried cal… Started by Weston Realtor	0	on Thursday
PNC Second Mortgage Deficiency Agreement I have a Wells first mortgage, PNC second mortgage short sale. The first is a Fannie Loan. PNC just sent us a form they want my seller to s… Started by Nate Gerard	2	22 hours ago Reply by Wendy Rulnick
BOFA Short Sale NEW HUD Guidelines Good morning superstars! I received a call from my BOFA FHA short Sale negotiator. She wanted an updated HUD line 701 showing WHICH agen… Started by Linda Solomon	6	13 hours ago Reply by Wendy Rulnick
Sale in the Redemption Period Property had 1st and 2nd, in judicial state with 90 day redemption period, went to sale, buyer still on board. If lender accepts the offer… Started by Richard Steffen	2	on Wednesday Reply by Ron Scribner
3rd Party Negotiation Fees I've seen some old threads on this...but I wanted to hear some updated answers. I was in real estate for years - have negotiated tons of sh… Started by Sarah Cook	7	on Thursday Reply by Smitty
We HAD A FULL OFFER - Bank of America FORECLOSES on Family - Wife on Heart Transplat List Hi All, I am usually the one who sends people here on SSS info on how to escalate files and give out contact info but today even though we… Started by Trina	4	on Wednesday Reply by Ron Scribner
PNC approves California short sale in record time! I had heard horror stories about PNC...thru tons of threads on the internet and this site and other short sale help sites and forums..so w… Started by Sheyenne Schultz	0	on Tuesday
Must borrowers be deliquent on mortgage for approval? I have heard anecdotal stories that there does not have to be a delinquency however, I have no experience of this. I do have 3 listings com… Started by Marty Macisso	9	on Wednesday Reply by Ron Scribner