Short sale collection agency issues

[Dan C.]

I am checking to see if anyone else has had this issue and if so how it was resolved, good or bad.

I have had a short sale under contract to purchase for 2 years in Vegas. Last month I finally got the approval from the primary mortgage holder for the sale. Over the last 2 years the 2nd mortgage holder had given approval many times and waited patiently for the first to approve.Now that the first has approved the sale, the 2nd, Ocwen, wrote off the debt and sent it to a collection agency.The collection agency will not budge on their payoff amount demands which is 3x higher than Ocwen would have accepted, and the primary mortgage will not meet those demands.Is there anything that I can do to get this deal completed, or is it just dead?Is there someone that I can bring in to the deal that would help the collection agency to see that if the property is foreclosed they will get nothing and should agree to the current terms?