Short Sales Cost Lenders $310m More Than Necessary, CoreLogic Study Finds

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Shadow inventory declines to five-month supply: CoreLogic Because home sales also slowed, the shadow inventory represented eight months of housing supply, up from five months a year ago, CoreLogic said. weak demand for housing is "significantly increasing.

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July 2011 Short Sale Fraud to Cost Banks $375 Million in 2011, Says CoreLogic. Sales of properties on the verge of foreclosure tripled over the last two years and will increase another 25 percent in 2011, according to analysis from CoreLogic, HousingWire reported May 25.

The study projects that more than half of short sales happen in Arizona, California, Florida and Texas and will cost lenders an estimated $310m in unnecessary losses during all of 2010.

HUD homes add to inventory-starved market HUD Asset & Income from Asset Calculations Current Guidance RBD does not act as a legal advisor nor as a regulatory governing agency. The recipient should understand that any materials or comments contained herein are not designed for, nor should be relied upon as a source of

SHELTON, Conn., Feb. 29, 2016 – PRNewswire – Clayton Holdings LLC, a premier global provider of mortgage and real estate market risk management solutions, announced that Brian Wornow has joined the company as senior managing director of Lending Services. In this new position, Wornow will lead a new line of business focused on expanding Clayton’s capital market and whole loan services.

Housing Wire – "Short Sales Cost Lenders $310m More Than Necessary, CoreLogic Study Finds" (8-10-10) "The study projects that more than half of short sales happen in Arizona, California, Florida and Texas and will cost lenders an estimated $310m in unnecessary losses during all of 2010. These losses average $41,500 per short sale.

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