Tag: REO marketplace
Bank Foreclosures Sale says REO home filings up 38% in Past Year
LOS ANGELES, Calif. -- Bank Foreclosures Sale, an online leader in the bank owned homes listings and foreclosure information industry, announced today that bank foreclosures were up 5 percent in the second quarter of 2010. With 269,960 bank repossessions recorded, a new quarterly record was set for bank repossessions, which are up a staggering 38% from the second quarter of 2009.
