BofA outpaces other banks with short-sale approvals

04/19/2012 | Bloomberg

Bank of America approved 5,276 short sales in January, far more than peer lenders, according to a report from RealtyTrac. "Bank of America has done almost as many as numbers two and three combined," Charlie Engel, a RealtyTrac vice president. Overall, short sales increased 33% in January from a year earlier.

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