The Foreclosure Report

Default Lists Artificially Low

There is a reason foreclosure numbers dipped recently. "Foreclosures are being bought up by investors, Binkley says. People are waiting for the return of housing listings of the Veterans Administration, U.S. Department of Housing and Urban Development (HUD) and Fanny Mae, all of which recently took properties off the market to house hurricane evacuees."

posted by Ben Jones @ 8:04 AM