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Examples
“Others are the subject of short-sale negotiations in which owners try to convince their lenders to agree to a sale for less than the full mortgage balance to avoid the cost and hassle of formally foreclosing.”
“While short-sale actions are often clustered at the start of trading, an unusual number were triggered in the final half hour of Thursday's session as the market cascaded lower.”
The Wall Street Journal: 'Flash Crash' Fail-Safes Bent but Didn't Break in Selloff
“Meanwhile, roughly 460 short-sale restrictions were invoked, well above average.”
The Wall Street Journal: 'Flash Crash' Fail-Safes Bent but Didn't Break in Selloff
“The short-sale process hadn't been going well, despite the new floors and carpets King said he and his wife had installed.”
The Huffington Post: Learning To Walk: Fear, Shame And Your Underwater Mortgage
“There is a huge floating inventory of homes not yet in default that should either be sold voluntarily or subject to a short-sale.”
“But San Diegans might consider this potential short-sale with an upgraded kitchen, fireplace and tidy backyard a deal.”
“Finra, the independent regulator for all securities firms doing business in the U.S., said it found that, from June 2006 through December 2010, Credit Suisse's Reg SHO supervisory system was flawed and resulted in a systemic supervisory failure that contributed to significant short-sale regulations failures across its equities-trading business.”
The Wall Street Journal: Credit Suisse Fined $1.75 Million for Alleged Short-Sale Violations
“Credit Suisse allegedly entered millions of short-sale orders without those grounds and mismarked thousands of sales orders, Finra said.”
The Wall Street Journal: Credit Suisse Fined $1.75 Million for Alleged Short-Sale Violations
“Regulation SHO requires a broker or dealer to have reasonable grounds to believe that the security could be borrowed and available for delivery before moving forward with a short-sale order.”
The Wall Street Journal: Credit Suisse Fined $1.75 Million for Alleged Short-Sale Violations
“Across the Washington region, short-sale listings now far outpace the number of foreclosures available for sale, according to RealEstate Business Intelligence, a subsidiary of the local multiple listing service.”
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