Sunlin says the bank's program gives
troubled owners «a preapproved solicitation for a short sale» along with proactive processing
of all the required steps: «appraisals, review
of financials, investor approvals, mortgage
insurer approvals, second - lien approvals — all
of these can be done while the property is being marketed,» he says, «so when an offer is brought to the table we can do a much quicker turnaround.»