| Mar 31, 2011 3:00PM For the second time in less than a week economists have attempted to quantify the amount of shadow inventory currently lurking in the background of the housing market. Shadow inventory is generally defined as the number of distressed homes either on the market or likely to come on the market through foreclosure divided by the rate at which distressed properties are currently selling. The two studies, one conducted by the National Association of Realtors® and the other released by CoreLogic ,... Mar 31, 2011 1:30PM If you've seen a few reprice alerts, had your pricing suspended or just want to know what's going on because the line on the chart moved in the wrong direction really fast....we've just experienced some month-end/quarter-end/year-end (Japan) volatility. MG isolated a DJ report : IMF No Requests for Financial Assistance from Portugal as the only major news on the wires at the time of the MBS price dip. We don't think this was really the market's underlying motivation for the sudden change of direction...
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