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Get the free Monthly Short Sales Client Spec v1.3

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Intercontinental ExchangeDateSymbolShort Exempt Short Volume VolumeTotal VolumeMarket20240503AA039694393M20240503AADI0640640M20240503AAL0219910591M20240503AAN08111305M20240503AAOI012944839M20240503AAON01232714386M20240503AAP038565462M20240503AAPL211558341913388M20240503AAT0507859M20240503AB037515545M20240503ABAT0200400M20240503ABBV121371518200M20240503ABCB04751246M20240503ABCL
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01
Gather all necessary documentation related to the property.
02
Enter the client's name and contact information in the designated fields.
03
Provide the property's address and details such as market value and outstanding loans.
04
Document the reason for the short sale, including any financial hardships faced by the client.
05
Include a thorough description of the property's condition, any repairs needed, and current market conditions.
06
Add any relevant attachments, such as financial statements and tax returns.
07
Review the completed form for accuracy before submitting it.
08
Submit the form to the appropriate lender or agency by the deadline.

Who needs monthly short sales client?

01
Real estate agents working with clients facing financial difficulties.
02
Homeowners who need to sell their property for less than what is owed.
03
Lenders who manage short sale transactions.
04
Investors looking to purchase distressed properties.
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A monthly short sales client refers to a report or form that clients involved in short selling securities must submit on a monthly basis to regulators or financial authorities.
Participants in short selling activities, such as brokers and traders who engage in short selling practices, are required to file the monthly short sales client.
To fill out a monthly short sales client, one typically needs to include details of all short sales conducted during the month, including dates, security names, short sale quantities, and prices.
The purpose of the monthly short sales client is to provide transparency in the short selling market, allowing regulators to monitor and assess market activities and risks associated with short selling.
Information that must be reported includes the date of each transaction, the name of the security sold short, the quantity sold, the price at which the short sale was executed, and other relevant transaction details.
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