SK in CV wrote: . . . I’d

[bearishgurl]

[quote=SK in CV] . . . I’d like to know if these intermediary “short sale specialists” are common. If they’re involved in negotiating loan transfers or payoffs, they’re required to be either licensed RE brokers, or licensed lenders through the DOC. I suspect lawyers are allowed to do it too…[/quote]

They are “licensed” . . . in Florida:

http://www.corporationwiki.com/Florida/Plantation/blue-anchor-advisors-inc/25809016.aspx

I’m not sure if that matters.

http://en.wikipedia.org/wiki/The_Bank_of_New_York_Mellon

BNY Mellon is based in NY and G@d only knows where the other “investor” is located.

edit: … and YES, I agree that the Big Banks are horribly “inept.”