Servicers that work on delinquent Federal Housing Administration (FHA)-backed mortgages are becoming more proficient at short sales, reducing the agency’s losses on insurance claims, according to a new government report.

FHA servicers completed 27,150 short sales during the first three quarters of fiscal year 2012 (ended June 30), a 65% jump in such transactions from the same period a year ago, according to the Federal Housing Administration.

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