It now takes as long as eight months, not six, for homes to work their way through the...

|By:, SA News Editor

It now takes as long as eight months, not six, for homes to work their way through the foreclosure pipeline, according to Freddie Mac. The delay is because more borrowers are staying in their homes even after the foreclosure process begins, forcing Freddie to evict them before the homes can be put up for sale.