“Foreclosure Wave About To Hit With Thunderous Roar”

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From Diana Olick at CNBC: Let the Short Sales Begin

I’m … starting to hear rumblings among the number crunchers that the wave of foreclosures we keep hearing about is about to hit with a thunderous roar.

Servicers are ramping up the mod process and pushing those who don’t qualify out the door more quickly than ever.

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