Hidden Backlog of Foreclosures
publication date: Aug 21, 2009
|
author/source: Chris Prang
When the dust finally settles from all the
foreclosures...probably between 2012-2014 it will be intersting to see
how many homes ended up in foreclosure.
Check out this article...
And consider these statements...
Check out this article...
And consider these statements...
"Amid record levels of home foreclosures nationwide, there are worrying
signs that the foreclosure crisis could be spreading to parts of the
country that had previously been relatively unscathed."
"The government has a pretty big chokehold on the foreclosure process," says Madeline Schnapp, the director of macroeconomic research at TrimTabs Investment Research. But that also means that there is a hidden backlog of home loans in default that could end up in foreclosure."
"RealtyTrac's Sharga says "We don't see much improvement until 2011."
"The government has a pretty big chokehold on the foreclosure process," says Madeline Schnapp, the director of macroeconomic research at TrimTabs Investment Research. But that also means that there is a hidden backlog of home loans in default that could end up in foreclosure."
"RealtyTrac's Sharga says "We don't see much improvement until 2011."
Christian Economics, Christian Finances, Christian Money, Christian Wealth, Christian Mortgage, Christian Mortgage Advice, Christian Mortgage Counsel, Christian Mortgage Consulting, Christian Investing, Biblical Economics, Biblical Finances, Biblical Money, Biblical Wealth, Biblical Mortgage, Biblical Mortgage Advice, Biblical Mortgage Counsel, Biblical Mortgage Consulting, Biblical Investing, Creating Wealth, Mortgages For Christians
0 Comments Posted Leave a comment