And Bank of America. has more than doubled the number of short sales it processed. This is a huge change from even just six months ago when the short-sale market was stalled and most people.

Is Buying a Foreclosure a Good Idea? They are the chosen platform for 17 of the top 25 lenders nationwide and have handled over 63 million transactions that represents over $67 billion in transactions. For Bank of America they have spent almost 8 months building a Bank of America Short Sale Portal. If you click the link you will see the Bank of America Short Sale Processing System.

After a review of more than 300 complaints that his office fielded in a sixth-month period, New York Attorney General Eric Schneiderman last month said he planned to take Wells Fargo and Bank of.

New homes sales jump 11% in March Area homes. average sale price for May dipped less than 1% (0.10), going from $182,188 last year to $188,007. Average days on market to sale went from 43.63 days to 38.53 days, a drop of more than.

BofA has a lot of programs for short sales including the coop short sale where the seller gets quite a tidy sum (can be tens of thousands of dollars) to help with relocation and moving expenses. Almost all of problems with a short sale can be avoided or mitigated through the selection of a REA that did more than study for the test over a.

Ocwen has grown almost ten-fold since 2009 by purchasing the rights to service distressed loans from the likes of JPMorgan Chase, Bank of America. whether Ocwen stalled short sales, where homes get.

Short sale homes are generally less expensive than other houses and a short sale property is likely to be in a better state than a home that has gone into foreclosure. Trying to buy a short sale house, though, could be more trouble than it’s worth. It could take months for a bank to sign off on a short sale.

A few months. more money with foreclosures than with loan modifications, because of how their compensation structure works. servicers load up various foreclosure fees on homeowners that they get to.

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Bank of america short sales. Below are all of the contact numbers needed to do a short sale with Bank of America.Visit www.short-sale-specialistsif you need to find an agent to help with your short sale.. 800-846-2222 General Info: 800-285-6000 Fax: 716-635-7255 Bank of America Short Sale Department: 866-880-1232

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