Sunday, August 22, 2010

THE FASTEST/SLOWEST LENDER SHORT SALE TURN TIMES:


Source?  HousingWire magazine
The Quickest:  GMAC with an averge of 6 months to approve.
The next Fastest:  CitiMortgage with an average of 7.5 months to approve.
The next-next Fastest:  Wells Fargo with an average of 8 months to approve.
LAST PLACE (SLOWEST) goes to Countrywide (Bank of America) with an average of 13 months to approve.

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