Fannie Mae, Freddie Mac, and FHA had the
shortest timelines at 193 days in January 2012, a decrease compared to a
year ago in January 2011, when short sales averaged 248 days. Ally
Financial came in second at 321 days, reducing its timeline as well from
393 days a year ago.
As for the number of short sales, Bank of America completed the most in
January 2012, with 5,276, followed by Chase (2,967), Wells Fargo
(2,788), MERS (1,429), and Bank of New York Mellon (1,401).
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