OCC Offers Sobering News on Foreclosures

Nine major servicers regulated by the Office of the Comptroller of the Currency completed 180,000 foreclosure actions in the second quarter, but these firms are still managing roughly 1.3 million borrowers who are going through the foreclosure process.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_442/occ-sobering-news-foreclosures-1026759-1.html

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