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.
|American Home Mortgage||123|
|ASC (Americas Servicing Company)||191|
|Aurora Loan Servicing||78|
|Bank of America / Countrywide||165|
|Bank of America Home Equity||181|
|Fifth Third Bank||66|
|First Horizion (Metlife)||234|
|HSBC Mortgage Services||49|
|Merrill Lynch / PHH Mortgage||122|
|Select Portfolio Servicing (SPS)||85|
*Not all banks are represented, the most common banks in our system were used for this report.