Almost 7 1/2 Million “troubled loans”
According to Lender Processing Services (LPS), a leading source of mortgage performance data and analytics, there are close to 7 1/2 million non-current and/or REO (bank owned) loans in the market place. LPS reported this number based upon data from the end of March, 2010. The report had the foreclosure inventories at 3.27% more than [...]
Monday, May 10, 2010
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