Countrywide REOs Back to Early 2007 Levels
June 17th, 2009
The Countrywide Foreclosure Blog reports that there are currently 7,017 foreclosed homes being offered for sale on the Bank of America/Countrywide website , down from the peak of 21,500 last November, and back to levels of April 2007 (see chart above, click to enlarge). Below are charts for the individual states that had some of the worst foreclosure problems (CA, AZ, FL and NV), showing significantly reduced levels of lender-owned ( REO ) properties in June 2009. In all cases ex
