News on Deborah Farmerhttp://mortgagedefaultinformation.com/topic/deborah-farmer2010-06-15T09:12:13ZForeclosure backlog estimated at 1.7M2010-06-15T09:12:13ZAP Newstag:mortgagedefaultinformation.com,2010-06-15:/foreclosure-backlog-estimated-17m-783671a/<div id="subtitle">Backlog of foreclosures estimated at 1.7 million, likely to hold back home prices, report says</div><div><p>About 1.7 million homeowners were on the verge of foreclosure in the fall, a looming "shadow inventory" of homes that will be put up for sale in the coming years and weigh down prices, a report said Thursday.</p><p>The number, up from 1.1 million a year earlier, is likely to keep rising through the middle of next year or later, said <a title="Mark Fleming" href="/topic/M...