Well…That’s lack luster! We anticipated Huge Short Sale #’s. However, who could have anticipated the story of “robo signing” and the massive amounts of fraud being committed by the banks? No one…except the bank executives that committed the fraud.

So…here are the numbers:

Short sale volumes may not have experienced the boom many predicted, but they’re certainly moving up.

Late last week, the Office of the Comptroller of the Currency issued a report on year-end loss mitigation activity for most of the mortgages serviced by the nation’s largest banks.

The 227,570 new short sales completed in 2011 was a 12% increase from one year ago and more than double the 112,000 measured in 2009, according to the report.

As the robo-signing freeze thaws, and new requirements under the attorneys general settlement are enforced, short sales may continue upward in 2012.