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Loan Modification

: Mortgage Lender Implode-o-Meter

Flooded with Housing Inventory, Freddie REO Sales Surge Despite Foreclosure Alternatives

By Implode-Explode Heavy Industries

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"The number of Freddie Mac "foreclosure alternatives" completed in the first half of 2010 increased 123% from the same period in 2009, but for all its efforts, the government-sponsored enterprise (GSE) is still taking on record numbers of housing inventory."

Full post as published by Mortgage Lender Implode-o-Meter on August 09, 2010 (boomark / email).

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