Yes - stellar advice - you should be proud of those lenders who are "helping" her.....if that's help - I'd doubt it. I know that my in-house mortgage rep - whose opinion I value highly - would never let a deal like this languish and drag on without already knowing, by now, what the chances are of this ever closing, and sharing that information with the buyer. And, I didn't leave out the agent's part in all of this, either. It is always sad to me when any consumer, who is already represented by "professionals" feels the need to come here and ask for help and guidance. That tells me someone isn't doing their job.
For us in the mortgage industry to read how some so called "Experienced Professionals" are so out of touch with the reality of the post Obama / Dodd Frank Act here in 2014, who will criticize Mortgage Professionals for bending over backwards and investing months of their time and effort to keep fighting on to help borrowers close, who otherwise nobody else would even try to help, is simply nauseating!
The arrogance of some who could NEVER do what we do to get borrowers approved in this 2014 market, who are clueless about the effects these crushing regulations are having, making even simple tasks that used to be almost effortless and still should be, now take days, is so typical.
Instead of bashing the Loan Originator(s), who have tried so hard over these months and desperately trying to help you in your situation to purchase at these low prices so you can take advantage of this best time of your life to buy, try thanking them for what they are doing and turn up the effort to assist them in anyway you can.
....Stop the processor all together and continue to be a renter.
If you're the buyer - is this a short sale (not sure who "they" is in reference to extensions)? Someone (your agent) should be able to give you a reason for the extensions.......get some answers from the people involved in your transaction as multiple extensions are not the "norm", and might indicate a real problem with the sale. Good luck!