A great analysis article today courtesy of Housing Wire discusses how the solution to the housing crisis will ultimately be REO (real-estate owned). The REO trend is based on their analysis that the size of the foreclosure market is so overwhelming that even short sales won’t be able to keep up with the demand: But [...]
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Posted in Market News
Tagged default, HAFA, HAMP, housing crisis, mortgage, reo, short sale, short sales
Tagged default, HAFA, HAMP, housing crisis, mortgage, reo, short sale, short sales