Why would you think the banks are not selling their homes because of the M2M rules? This MAY be true, but the simplest reason is usually the correct one.
The simplest reason? There were foreclosure moratoriums. These moratoriums are now being lifted.
Why do you think these NODs won’t reach the market until the end of the year? Now that the moratoriums have been lifted, they should be on the market in 3-4 months.
