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Loan Modification

: Mortgage Lender Implode-o-Meter

Finding 100,000 Shadow Properties while Public Views 19,000

By Implode-Explode Heavy Industries

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``Los Angeles County has roughly 100,000 homes as part of the shadow inventory. This is an enormous number given that the MLS only lists 19,400 homes. In other words, the potential pool of properties in the county is five times as large as the public is currently seeing.''

Full post as published by Mortgage Lender Implode-o-Meter on January 06, 2010 (boomark / email).

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