Yes, Bank Servicers Are ‘Sitting’ on Homes

Bank servicers are doing what they can to avoid depressing home prices, by focusing on reducing foreclosures rather than flooding the market with their backlog of properties.

Article source: http://www.nationalmortgagenews.com/dailybriefing/REO-banks-sitting-on-REO-CoreLogic-1030565-1.html

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