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Loan Modification

: The Truth About Mortgage.com

Shadow Inventory Estimated at 1.7 Million Properties

By scot184

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The ?shadow inventory,? which is the pending supply of homes not included in the official numbers, increased to 1.7 million units as of September, according to a report from First American Core Logic. That’s up from 1.1 million a year ago, thanks to rising numbers of real estate owned (REO) by banks and mortgage lenders, foreclosures, [...]

Full post as published by The Truth About Mortgage.com on December 18, 2009 (boomark / email).

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