Share 'Short Sales Get Shorter: New Deadlines to go into Effect'

As part of a settlement with state attorneys general, the five largest mortgage servicers are adopting new requirements for short sales, which is expected to speed-up what has been known as a lengthy process. Here are some of the new requirements for servicers under the settlement:  Servicers must provide borrowers with a decision within 30 days after receiving a short sale package request.  Se…