We've all know about the problem with the old RMA, and having to explain to sellers, 'yes it says 'modification' but it's also used for your short sale'.
We now have a 'new' form to attempt to address this problem. Introducing:
RMA (Request for Mortgage Assistance).
I don't remember whether it was WF or BAC who brought this to my attention, but they insisted the seller re-do their info on this form.
I was bothered that their is no revision date anywhere on the form and no OMB number to make it appear an 'official' form - but I did find it at hmpadmin. Seems it was created in October 2011 (I don't recall - I looked it up a few weeks ago). A little strange it would only pop up now?
I'm attaching the form.
The only real difference I can see is that they added the Dodd-Frank certification into the form as opposed to having it on a separate sheet within the form. I read everything quickly and didn't see any verbiage alterations, so...
so it's one more way not to lose an extra 4 or 5 days as they discover you have the 'wrong' RMA, and you wait to get the new one completed.
After that, they'll have to find a new excuse, 'signed in blue ink with your left hand, instead of black ink with your right hand'. :)