Wells Fargo's Premiere Asset Services: No More SFDPA's, Thank You!
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2008-08-22 — ml-implode.com
In a memo today, Wells Fargo's Premiere Asset Services (REO) announced it would stop accepting FHA loan applications with seller-funded DPA's effective immediately.
Offers that have already been accepted with FHA seller-funded DAP’s with closing dates beyond September 30, 2008 will need to be renegotiated.
View the original memo in its entirety by clicking the "original article" link below.
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