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Home » Servicer Short Sale Performance Varies Widely
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Servicer Short Sale Performance Varies Widely

July 2, 2010
Short sales have gained momentum due to rising delinquencies and falling home prices, but some servicers are doing a much better job than others when it comes to the speed of the transactions, according to a recent report from Deutsche Bank Securities. Short sales – when a servicer accepts a payment from a borrower that is less than the amount left on the mortgage in exchange...
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