Dennis Toomey

Cell: (847) 338-0180

Average close time by bank

Below is a report that gives the average days to close from the day the short sale package was submitted with purchase contract to the bank.

Bank	Days
American Home Mortgage	123
ASC (Americas Servicing Company)	191
Aurora Loan Servicing	78
Bank of America / Countrywide	165
Bank of America Home Equity	181
BankUnited	120
Central Mortage	48
Citi Mortgage	120
EMC	143
Everhome Mortgage	70
Fifth Third Bank	66
First Horizion (Metlife)	234
GMAC	97
Home Servicing	172
HSBC Mortgage Services	49
Indymac	213
Mariners Properties
Merrill Lynch / PHH Mortgage	122
Midland Mortgage	97
Regions Mortgage	115
Select Portfolio Servicing (SPS)	85
Thornburg	153
Wamu/Chase Mortgage	167
Wells Fargo	129

*Not all banks are represented, the most common banks in our system were used for this report.

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