Mortgage giants extend suspensions of foreclosures

[arnie]

I wonder if the banks are simply saturated with foreclosures and can’t process any more even if they wanted to. Does anyone have any first hand knowledge of whatever department handles foreclosures for banks?

[AK]

I’m seeing REOs coming on the market right now that were foreclosed on back in August or September.

I’d guess there’s still plenty of shadow inventory to work through even with this moratorium.

[AK]

I’m seeing REOs coming on the market right now that were foreclosed on back in August or September.

I’d guess there’s still plenty of shadow inventory to work through even with this moratorium.

[AK]

I’m seeing REOs coming on the market right now that were foreclosed on back in August or September.

I’d guess there’s still plenty of shadow inventory to work through even with this moratorium.

[AK]

I’m seeing REOs coming on the market right now that were foreclosed on back in August or September.

I’d guess there’s still plenty of shadow inventory to work through even with this moratorium.

[AK]

I’m seeing REOs coming on the market right now that were foreclosed on back in August or September.

I’d guess there’s still plenty of shadow inventory to work through even with this moratorium.

[Author]

Posts