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Showing posts with label shadow inventory. Show all posts
Showing posts with label shadow inventory. Show all posts

Tuesday, October 16, 2012

A Stronger Year for Short-sales Forecasted for 2013

More banks are using short-sales as their prevalent loss mitigation tool to keep houses from going into foreclosure. The ratings agency, DBRS, is hoping that short-sales will be an effective tool for curbing the shadow inventory backlog of bank held properties.

To find out more read the article at DSNews.com . . .