Cory Hopkins at the Warren Group says the backlog of foreclosure activity needs to work itself through the system in order to return to a healthier market. He says last year represented an artificial low, that a number of factors at the beginning of last year kept the numbers down.
WBZ NewsRadio 1030′s Anthony Silva reports
Download: pod-silva-foreclosures-up.mp3 //
Hopkins says lenders are starting to find a better balance between foreclosures that have to happen, versus not doing so many at once that they’re overwhelming the market "
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