bank owned: LA County Foreclosure Agent REO Workshops
- 09/05/10 01:53 AM
LA County Foreclosure Agent REO Workshops REO is a very complicated and unusual field. Representing 30-40% of all closed sales so far this year with no end in sight. It is estimated that there is over 40 months of backed up shadow inventory waiting in the wings. Over 500,000 loan modifications were canceled last month and only 25% of those will qualify for a short sale leaving 75% to be added to the next wave which will include the ALT-A and Option ARM's which represnted over 80% of all loans made at the top of the market that are due to reset this year and … (2 comments)
LA County Foreclosure Agent REO Workshops
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