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Fewer loans entered delinquency and more distressed homes sold

Posted by on 6/22/11 • Categorized as Buy and Hold Investments

U.S. ‘Shadow Inventory’ Shrinks as Foreclosed Homes Sell, CoreLogic Says.  About 1.7 million U.S. homes were in the foreclosure process and expected to be put on the market as of April, down 18 percent from the peak, as fewer loans entered delinquency and more distressed homes sold, CoreLogic Inc. (CLGX) said…

By John Gittelsohn Bloomberg.com

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