According to a story by RIS Media the national inventory of REO properties has swelled to an all-time high of 2.2 million properties. However, this glut of foreclosures may be temporary given that loan delinquencies are on the decline and sales of foreclosure properties are on the increase. According to the story 30-day and 60-day delinquent inventories are now approaching pre-crisis levels.
See the story here: Banks Build Record Foreclosure Inventory
GratefulD_420
Political
1. Having or influenced by partisan interests: The court (BLOG) should never become a political institution.
2. Based on or motivated by partisan or self-serving objectives