Wishful Thinking - Did the Banks Make a 2011 New Years Resolution to Mitigate Their Losses

Since countless studies indicate that banks lose 15% to 26% more on a foreclosure than on a short sale, do you think the banks resolved to expedite short sales in 2011?

Or will they say they need to be chained to inaccurate data and turn down short sales because of a $2,000 difference so they can spend $20,000 more on an abandoned, mold growing, vandalism prone property so they can get the extra $2,000 a year later when they dump it as a bank owned REO?

Oh, to be a fly on the wall of their boardroom.