C.A.R. sends letters to nation’s top lenders, servicers, urging further short sale improvements

LOS ANGELES, CA – August 26, 2011 – (RealEstateRama) — Recognizing that short sales will be a part of the California real estate landscape for years to come and with more REALTORS® continuing to experience difficulty in closing short sales, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) recently sent letters to the heads of the nation’s four top lenders and servicers, urging more improvements in the short-sale process.