Breaking News from the Treasury about Short Sales

Mortgage Modification Conversion Drive:
New Changes:

* Lenders to PRE-APPROVE short sales.

* Lenders must FULLY RELEASE borrowers from any future obligation (no more deficiency judgment fear!)

* No more money out of pocket demands from second lien holders….or any payback of the debt what-so-ever.

* Borrowers who do a short sale will be PAID up to $1500 to do a short sale! (read that one again)

* Seconds to receive no more than $3,000 TOTAL from the sale.

More to follow