The Docket: Underwriter That Accepts Funds May Assume Duties to Short Sale Sellers

June 16, 2016

David Boss of Boss Law Firm provided today’s review of a decision by the U.S. District Court Southern District of Florida addressing whether an underwriter that accepts short sale proceeds intended for the bank assumes certain duties to short sale sellers. Read on to learn why the ruling highlights the continuing challenges for title companies and underwriters in managing short sales.

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