"Top 10" Worst Short Sale Lenders Awards – 2008
In my experience selling short sales in the Destin-Fort Walton Beach, and Emerald Coast FL real estate market, the following lenders are honored with the “Worst Short Sale” lender awards of 2008:
#1 Peoples First – Florida’s Community Bank – Denies Short Sale Despite Cancer Diagnosis
#2 Eglin Federal Credit Union – will not do Short Sales
#3 Whitney Bank – will not do Short Sales, but releases lien and seeks deficiency
#4 Vanderbilt Mortgage – claims will not do Short Sales, but will look at a price pulled out of the air
#5 RBC Centura: Taking Cars in Short Sales?
#6 Countrywide and PMI Short Sales
#8 Washington Mutual Won’t Waiver
#9 Bank of America – Issues 2 Contradictory Approval Letters
#10 Aurora Loan Services – Won’t Pay Closing Costs
