Evidence that (a) the bankruptcy was discharged 12 or more months ago, (b) the date of closing on a short sale was 12 or more months ago and finally (c) that 12 months have lapsed since the date of title transfer to the foreclosing lender in the event of a foreclosure (iloanhomemortgage.com)
It doesn't seem fair that a lender can give up their rights to the loan, sell the servicing rights to someone else, and have the law still allow the new servicer to be able to move forward with the original foreclosure date. (arklawgroup.com)
With banks less willing to postpone foreclosure dates, we anticipate an increase of bank owned inventory, at least in the short term.» (blog.homegain.com)