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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Lenders Loss Posted by CCinOC on January 20, 2010 at 2:04 PM In Reply to: Lenders Loss posted by Richard on January 19, 2010 at 2:54 PM The Wall Street Journal (subscription only) reported: While mortgage holders still take a loss with a short sale, they don't have to take possession of the home and find a new buyer. An analysis by Clayton Holdings Inc., which tracks mortgage loans for investors, found that short sales result in average loan losses of about 19%, compared with an average loss of 40% for homes sold after foreclosure. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : The Wall Street Journal (subscription only) reported: : While mortgage holders still take a loss with a short sale, they don't have to take possession of the home and find a new buyer. An analysis by Clayton Holdings Inc., which tracks mortgage loans for investors, found that short sales result in average loan losses of about 19%, compared with an average loss of 40% for homes sold after foreclosure. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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