1. Bank of America Short Sale Changes Effective April 13, 2012

2. Required Forms for Short Sale Initiation 3 rd Party Authorization Form IRS 4606-T 60 day Estimated HUD Signed Purchase Contract with Buyers Acknowledgment and Disclosure B of A Purchase Contract Addendum

3. 3 rd Party Authorization Form

4. B of A Buyers Acknowledgement and Disclosure

5. Short Sale Purchase Contract Addendum

6. Short Sale Real Estate Licensee Certification

7. Changes on April 13, 2012 Any files without all five required submission items may be declined and will be required to submit all five items to reinitiate short sale. Back-up Offers will have 5 days to be submitted if buyer backs out before having to start process over. Authorization forms can only be used by licensees (no non-licensed assistants).

8. Additional Changes to System Secure Messaging only for Protection of clients information. No emails directly. Escallations after 2 days without response go to team leader. Exact Name match on all documents Negotiator can order BPOs and other required Documents concurrently

9. Upcoming Training Webinar April 19, 2012 4-5PM Eastern Standard Time BankofAmerica.com/RealEstateAgent Customer Service 866-880-1232 M-F 8AM-10PM Eastern Standard Time Sat. 9AM-5:30PM Easter Standard Time