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Loan Modification

: Loan Modification & Home Loan News

1 in 4 Orange County transactions a short sale

By Moe Bedard

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Almost one out every every four Orange County homes sold in May went for less than was owed on the mortgage, new figures from the Southern California Multiple Listing Service show. Of the 2,778 homes sold through the MLS, 672 or 24.2% of them were so-called ?short sales.? By comparison, homes seized by lenders through [...]

Full post as published by Loan Modification & Home Loan News on June 30, 2010 (boomark / email).

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