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Loan Modification

: The Truth About Mortgage.com

Foreclosure Inventory 30X Foreclosure Sales Volume

By scot184

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A new report from Lender Processing Services revealed that foreclosure inventory levels were more than 30 times that of monthly foreclosure sales volume last month. And the average loan in foreclosure has now been delinquent for an astounding (record) 537 days, while 30 percent of those in foreclosure haven’t made a mortgage payment in over [...]

Full post as published by The Truth About Mortgage.com on March 29, 2011 (boomark / email).

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