; and (2) submit to each such holder a copy of such request. (b) Timely response to servicer notification required (1) In general (A) Timely response required Except as provided in subsection (d) and notwithstanding any other provision of law or of any contract, including a contract between a servicer of a federally related mortgage loan and a securitization vehicle or other investment vehicle, a holder of a subordinate lien that is notified by a servicer under subsection (a) shall respond in writing to such servicer not later than the end of the 30-calendar-day period beginning on the date of receipt of such notification. (B) Failure to respond If the holder of a subordinate lien that is notified by a servicer under subsection (a) does not respond within the 30-calendar-day period described in subparagraph (A), the request from a mortgagor described in subsection (a) shall be considered to have been approved by the such holder. (2) Content A written response by such holder under subsection (a) shall specify a decision on whether the request described in such subsection has been denied, approved, or that such request has been approved subject to specified changes. (c) Mortgagor submission Subsection (a) shall apply in any case in which the mortgagor of a federally related mortgage loan submits to the servicer thereof— (1) a written offer for a short sale of the dwelling or residential real property that is subject to a mortgage, deed of trust, or other security interest that secures the mortgage loan