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IRVINE, CA-The current national residential shadow inventory as of October 2012 fell to 2.3 million units, a 12.3% drop from October 2011, when shadow inventory stood at 2.6 million units, according to a report from CoreLogic, a provider of information, analytics and business services here. This inventory continues to “shrink from peak levels in terms of numbers of units and the dollars they represent,” said Anand Nallathambi, president and CEO of CoreLogic, in a prepared statement.

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