Agree. Been saying that since the beginning pertaining to the oftimes difficulty of getting a short sale approved when the homeowner is not in default. The bank was not experiencing a hardship so file was relegated to second drawer.
Much easier now, as the banks are clued into “the business decision”.
Mitigate the loss sooner rather than later saves the bank money. Money is the name of the game.
GREAT perspective guys! Thanks for sharing… loved the added voice overs too – perhaps this could be utilized for subliminal messaging in future episodes!
Good stuff, and very relevant. Savings over foreclosure! I wonder if we should start requesting hardship paragraphs from the loss mitigators and SVPs???
Fred Weaver of Group 46:10 talk about the hardship of the bank. 
Never did prefer the color gray.
Agree. Been saying that since the beginning pertaining to the oftimes difficulty of getting a short sale approved when the homeowner is not in default. The bank was not experiencing a hardship so file was relegated to second drawer.
Much easier now, as the banks are clued into “the business decision”.
Mitigate the loss sooner rather than later saves the bank money. Money is the name of the game.
Good job.
GREAT perspective guys! Thanks for sharing… loved the added voice overs too – perhaps this could be utilized for subliminal messaging in future episodes!
LOL…thanks for the idea Erik…I like it =)
Nice. Someone needs to send this to Obama.
EK, great idea!
Good stuff, and very relevant. Savings over foreclosure! I wonder if we should start requesting hardship paragraphs from the loss mitigators and SVPs???
You have to check out this blog post
http://mandelman.ml-implode.com/2010/05/freddie-mac-has-a-message-for-strategic-defaulters-yeah-well-i-have-a-message-for-freddie-mac/
@short sales – well said dude…relegated to the 2nd drawer. So true!