Speeding up Short Sales

Recently a bill was introduced to help expedite the short sale process by asking secondary lien holders make a decision within 45 days, if they fail to do so, the short sale will be approved on the 46th day. The National Association of Realtors (NAR) strongly supported the bill. Secondary lien holders have been holding up the process by trying to get the largest amount possible. For the full article please follow this link and share your thoughts on this new bill and what it would do for you?