Real estate blog entries tagged with tarp by America-at-Home Real Estate

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Home : Blogs : Diane Webster : At Home With Diane : Tag "tarp"

tarp: Banks to unleash flood of REOs - 01/26/09 04:16 PM

Part I: Impact on inventories lags foreclosuresBy Matt Carter, Monday, January 26, 2009.Inventories of unsold homes are likely to swell in coming months as lenders begin to push a growing backlog of repossessed homes up for sale -- often in communities already awash in distressed properties.While builders have cut back drastically on the production of new homes, it's likely lenders will soon be putting pressure on inventories even if they succeed in efforts to keep more troubled borrowers in their homes rather than foreclosing on them.
Because it can take weeks or months for lenders to put repossessed homes on the … (4 comments)

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