In June I talked about why lenders don’t do more short sales. So, it should come as no surprise the lenders are facing increased pressure from the investors who bought the packaged loans to hold the line on modifications. They are pressing the servicing companies to only modify the loan when it looks like there [...]
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The concept of short-sales is all the rage now. Guru after guru is offering learning materials and boot camps and all manner of expensive fluff because this is the latest buzz.
Real investors have been doing short-sales with lenders for as long as there have been lenders and borrowers. It isn’t new and the lender is [...]
Continue reading about Why Don’t Lenders Do More Short-Sales?
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