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Loan Modification

: The Truth About Mortgage.com

Short Sales More than Triple, But Cost Lenders Big

By scot184

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The number of short sales has more than tripled since 2008, but mortgage lenders are losing $310 million in ?unnecessary losses? annually as a result, according to CoreLogic’s ?The Cost of Short Sales? 2010 research study. It is estimated that annual volume of short sales, in which a property is sold for less than the existing [...]

Full post as published by The Truth About Mortgage.com on August 10, 2010 (boomark / email).

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