What about listings that were around in 06 that are now going through NOD -> REO process? Does anyone have historical foreclosure data (counts broken down per step of the process) for the time period? I am wondering of some of the listings were people trying to get out in 06, tried to refi more recently (because they were underwater and didn’t want to/couldn’t take the hit.. after all it will turn around next week..), and now going to the bank. I wonder how many banks are/were playing hardball on short-sales?
