Bank of America to Refine Short Sale Process; Introduces 2 Required Documents
Thursday, March 29, 2012
Bank of America has announced changes to the Short Sale Process to begin April 14 to improve the task flow in Equator and processing times. The new Bank of America short sale process will enable short sale specialists to complete tasks such as document collection, valuations and underwriting at the same time, reducing the time from initiation to closing. Before April 13, you must complete the Submit Short Sale Offer, Upload Offer Documents and Upload Supporting Documents tasks in Equator for all short sales submitted with an offer. Your file may be declined if these tasks are not completed prior... Read more →