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Loan Modification

: Mortgage Lender Implode-o-Meter

Banks cherry picking individual foreclosures that show up on the MLS

By Implode-Explode Heavy Industries

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Looks like banks want to avoid setting comps that would hurt prices around the median and high-end, so they are dumping extremely low-priced homes only.

Full post as published by Mortgage Lender Implode-o-Meter on July 28, 2010 (boomark / email).

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