Loan servicers must make decision in 30 days — unless they need 60. Fannie Mae and Freddie Mac will require loan servicers who need more than 30 days to make a decision on a short-sale offer to provide weekly status updates and give a thumbs-up or thumbs-down no later than 60 days after receiving an […]
BofA Makes Changes to Reduce Short Sale Timeframe Decision
Bank of America is making changes to its short sale procedures and introducing an improved task flow within the short sale technology module from Equator, BofA’s short sale management platform of choice. The goal: to reduce the timeframe for a short sale decision to less than three weeks. Read more…
York and Adams Counties March 2012 Housing Stats
The REALTORS Association of York & Adams Counties (RAYAC) reports: “A total of 130 homes were sold in Adams County in the first three months of 2012, a 6% increase from 2011. In York County 759 homes were sold in 2012, a 10% increase from 2011. The median sales price in Adams County was $149,995, a […]
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