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Short sale affidavits gets spotlight at NAIC fall meeting
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Regulatory Updates
Wednesday, November 9, 2011
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With short sales and potential short sale scams becoming more prevalent, lenders have begun including additional addendums in their lender closing instructions. The issue has become a hot topic of debate among industry associations and with the government sponsored enterprise Freddie Mac. The National Association of Insurance Commissioners has taken notice of this issue as well and opened it up for discussion during its fall meeting. Read on to find out what one industry liaison had to share with them about the issue.
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