Regular Contributor
jnkp2001
Posts: 135
Registered: ‎01-04-2012
Re: 2012 (current info) on the impact of a short sale without late payments.

Elcid89 wrote:

This is spelled out in FHA mortgagee letter 09-52

 

http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/files/09-52ml.pdf 

 

 

 

   I would say, if it gets close to the 30 day late mark, to pay.  According to the HUD letter.  When in doubt, conventional wisdom would say it is always better to pay then not to pay.

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