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One of the interesting items that came about from the Treasury Department’s HAFA guidelines is that the investor (the lender) must “perform a financial analysis to determine if a short sale or deed in lieu is in the best interest of the investor, guarantor and/or mortgage insurer.” Over the years...
02/22/2011
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I've seen and heard this question asked at many web sites, kitchen tables, conferences, classes, etc. The answers vary, but they all have one major piece in common: none of the answers are consistent, and few of them are backed by any real source. So it's time to tackle that question as best as w...
02/21/2011