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Loan Modification

: The Truth About Mortgage.com

Shadow Inventory Five Million Units Strong

By scot184

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Millions of foreclosures are expected to keep downward pressure on home prices over the next several years, according to two new studies. One study, conducted by John Burns Real Estate Consulting Inc., estimates that five million homes and condos currently delinquent are sailing toward foreclosure. This so-called ?shadow inventory? will wind up on the market with the [...]

Full post as published by The Truth About Mortgage.com on February 16, 2010 (boomark / email).

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