At this point they have gotten far enough down the line and repaired their financials enough that they can start pushing these things out quicker. iw ouldnt expect a tsunami but rather them going to deliquent borrowers or those that have been trying loan mods and figuring out whether there is a chance of the borrower getting through it. If not they push them to short sell and if they wont then foreclose. Sounds like a continuation of their orderly disposition of non-performing assets. Its about time.
