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Loan Modification

: Mortgage Lender Implode-o-Meter

Shadow Problem: Home Price Declines May Land in Cities That Largely Avoided Them

By Implode-Explode Heavy Industries

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"A new report shows that the ?shadow inventory? of homes, with delinquent mortgages that have yet to go through the foreclosure process, is growing fastest in areas that have so far avoided the biggest home-price declines, according to a report by ratings agency Standard & Poor?s."

Full post as published by Mortgage Lender Implode-o-Meter on June 18, 2010 (boomark / email).

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