Relevant:
- Modifications Decline Significantly; Foreclosure Sales Rise
- Short sale dynamics -- short sales recorded the highest number of transactions in three years during the first part of 2012. What data do we have on short sales with second mortgages?
- hope now loan modifications top 1.5 million
- Short Sales Gaining on REO Sales
- 3 Reasons You Want A Short Sale Over A Foreclosure
2012-09-07 — americanbanker.com
``Throughout 2011 and the first quarter of 2012, Hope Now servicers completed two foreclosure sales for every short sale. But the ratio of short sales moved higher in the second quarter. Hope Now servicers engaged in 107,400 short sales compared to 184,800 foreclosure sales.
The report does not include loan modifications completed under the Home Affordable Modification Act for July, which have not yet been released.''
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