Some Short Sale and Foreclosure Findings

Here are a few National short sale and foreclosure findings:

• National delinquency survey from Mortgage Bankers Association (MBA) 1^stQu 09 12.07% defaults and loans in foreclosure.  Highest ever recorded in history of the MBA survey.

• Realty Trac reported that 1.9m plus filings recorded in first 6 months of 09.

• NAR survey shows short sales and foreclosed properties accounted for 1/3 of existing-home sales in July of 09.