Call it what you will—the “shadow inventory,” the “distressed inventory,” the “foreclosure pipeline”—but if you ask five researchers how many houses or mortgages we should worry about, you’ll probably get at least five completely different answers. Given this, Developments examined these worrisome numbers and see how they stack up." There are 4 million loans that have either been delinquent for 90 days or more or are in foreclosure. Between 8.2 million and 10.3 million loans are expected to be subject to distressed sales over time. 4.3 million homes are being held back from from sale. Some estimates put this shadow inventory at 15.3 million. Only time will tell how bad it was. SEE:

How Many Homes Are In Trouble Article