Doesn't surpise me, I just closed on a Wells HELOC and it took 60 days and a TON of ridiculous stips(and we have low DTI, good credit and free and clear properties)  My loan officer who usually does our mortgages explained Wells does not do HELOC's in house so that explains the slow underwriting process. 

Can somebody explain this to me?

The only logical explaination I can think of is that wholesaling that contract is a prohibited transaction in the terms of the contract.  

Can you explain your example?

If you try to explain supply and demand to a California politician they'll look at you like a deer in headlights. 

title insurance/ certificate of title on property being purchased that provides a first lien position on above mentioned property in favor of *banks name* .... this was one of their conditions, this is my first property loan can someone explain what exactly this means, thank you.

Can some help explain the process to me?

After doing some research at BP, I reached out to @Brian Gibbons and he graciously gave me a free 15 min phone calls to explain the important concepts in SF deals.

What would be the purpose of the Refi that I would explain to the banks?

She returns my emails or phone calls in a timely manner and explains things clearly to me so that I understand what I am doing.