Shadow Inventory Transitions to Ghost Inventory - Falk, CEO of ShortSave Inc.
Shadow inventory has trasitioned to "Ghost Inventory". When banks sell non-performing loans or real estate to investors, the inventory falls off the grid as the bank has resloved the issue. However, most of the loans and much of the REO still exsist and will most liley be sold in the secondary or primary market at some point in the future. Joining the broadcast to discuss Ghost Inventory is Karl Falk, Co-Founder, Chairman and CEO of tech start-up ShortSave Inc.