Short sale question

[Dawn Anastasi]

I'm not a short sale expert on the selling end, so I'm requesting some advice.

I know someone (let's say "A") who has a property in West Allis which is part of Milwaukee. "A" owes $120,000 on the property jointly with someone else "B" (not married). "B" walked away and doesn't care about the house -- they have not been living there for about a year.

"A" was not able to afford the mortgage payments on their own, so they stopped paying. Bank of America was the original servicer and filed for foreclosure, but then the loan got transferred to NationStar. "A" requested a short sale with NationStar and filled out paperwork.

NationStar is saying that in order to do a short sale, "B" must sign over a quit claim deed to "A". "B" cannot find "A" and they didn't part on speaking terms anyway.

My thoughts were that the only options are:

1. "A" has to find "B" and get them to sign over the house then "A" can do a short sale.

2. "A" and "B" will jointly let the house go to foreclosure and have it on their records.

Are there other options?