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shadow inventory: Shadow Inventory...is lurking about! - 02/04/10 06:06 PM
There's plenty of chatter to go around regarding Shadow Inventory?  And it has been defined many different ways, some of which are incorrect.  So let's get our arms around it and see if we can make some sense of this.  Shadow inventory is housing units that are not making it onto the public market for one reason or another. 
Much speculation has taken place as to "why" these properties are not coming to market...
Lenders are overwhelmed and don't have the staff to handle the glut?  Wrong answer. Lenders are simply don't have an efficient system in place to handle this mess?  … (2 comments)

 

Elizabeth Rose - Certified Mortgage Planning Spec - Texas

Highland Village, TX

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Network Funding, LP

Address: 2800 Corporate Drive, Suite 101, Flower Mound, TX, 75028

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An inside look at the mortgage market and how it might affect you.


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