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That’s what securitization does. And that’s what Fannie and Freddie do. GSEs such as Fannie and Freddie help increase the flow of mortgage money in the financial system. They amass a pool of money,
Transition rates of "delinquency to foreclosure" and "foreclosure to REO" are used to identify the currently distressed non-listed properties most likely to become REO properties. Properties that are.
To learn more about the most common type of foreclosure process in your state, check our Summary of State Foreclosure Laws. Look Out for Legal Changes The chart above provides information on state foreclosure procedures, but be aware that laws change, which can affect the process. So, checking the laws in your state is always a good idea.
Currently, the flow of new seriously delinquent (90 days or more. "Almost half of the shadow inventory is not yet in the foreclosure process," said Mark Fleming, chief economist for CoreLogic.
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