New industry research confirms what servicers and loss mitigation specialists have been saying in recent months: demand for short sales is going through the roof.

The Cost of Short Sales 2010, a research study conducted by CoreLogic of Santa Ana, Calif., showed the number of short sales has more than tripled since 2008 with the estimated annual volume at 400,000. (The study is based on a representative data sample of single-family residence short sale transactions from the past two years.)

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