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Loan Modification

: Loan Modification & Home Loan News

Chase Bank: Second wave of foreclosures is coming

By Moe Bedard

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Image via Wikipedia In February, the company’s head of retail financial services, Charlie Scharf, advised investors that in most major markets, bank-owned real estate as a percentage of total home sales will remain high. His forecast for the Chicago area was that bank-owned homes, called REO properties, will be from 21 percent to 28 percent [...]

Full post as published by Loan Modification & Home Loan News on August 04, 2010 (boomark / email).

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