LENDER’S IGNORING ARIZONA LAW IN SHORT SALES
Posted by Marc McCain on November 25, 2009 , No comment
More and more I am seeing lenders be aggressive and unreasonable in demanding money from borrowers during the short sale approval process. Lenders are doing this even where AZ law prohibits them from waiving their security and suing on the note (i.e. where the loan is a purchase money loan on qualifying residential property). As a result, I am stressing the [...]
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