Bill Leong commented on Jesus (Jesse) Gonzalez's blog post I am here to make money……what about you?
"Thanks for the existence of the site. I am new member for less than a week and already find tremendous resources as an REO business profession, put up by predecessor's sweat!
Thanks again. Keep up the good work ! You put something in, I will too. We…"
May 4, 2010
Bill Leong replied to Chanin Zaragoza's discussion Shadow Inventory
"Here is a scoup about those "shadows", it may take 3 years to clear, according to the article.

http://www.housingwire.com/2010/02/16/shadow-inventory-of-homes-to-..."
May 4, 2010
Bill Leong replied to Chanin Zaragoza's discussion Shadow Inventory
"If there is no flood of foreclosures (resulting in "shadows"), that could mean: short sales and loan-modifications during pre-foreclosure. With property owner's credit risk down by the sewer drain, either they go with low requirement for loan-mod…"
May 4, 2010
Bill Leong replied to Chanin Zaragoza's discussion Shadow Inventory
"I heard that some lenders put up their REO properties up for lease, through some type of asset management contract arrangements until they sell them. With mortgage income potentially replaced by rents, they should not be financially hurting. If we…"
Apr 29, 2010