Wow, this has been a long time coming. Finally there has been a public cry about the issue related to second lien holders trying to force money outside of the HUD to accept the short sale offering and release their lien. We see this request all the time when banks in the 2nd position suggest that the buyer or seller pay to them in certified funds outside of the HUD. This is a violation of Federal Law and the RESPA act.Jeremy Brandt of HomeFlux.com spearheaded this one and we are all grateful for his time and effort on this topic. Check out the full article on CNBC’s web site at http://www.cnbc.com/id/34877347 and the video is located HERE.