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Moody’s sees REO surge in six to nine months

Expect a surge in REO sales in the coming months with a continuing decline in housing prices.

So said Mark Zandi, the chief economist for Moody’s Analytics, while speaking at the Conference on the Future of Housing Finance Tuesday at the US Treasury where I’m listening to the experts debate the future of the ailing industry.

Read More: http://bit.ly/8ZTlyt






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