Comments are welcome, but offensive comments, spam, and solicitations will be deleted.

Gravatar Wow! Great article! The asset sales are ugly... average losses of 64.7% of the original loan balance for June foreclosure sales? Yikes!

And still more foreclosures and inventory on the horizon!


Gravatar After all, those mortgage-backed securities have residential real estate as collateral, no?"

NYT Gretchen has it pegged... http://www.nytimes.com/2009/07/0...t.html? emc=eta1




Name:

Email:

URL:

Comment:  ? 

 

Commenting by HaloScan