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HomeMoody’s Sees Foreclosure Bubble
Posted by senseoncents on February 26th, 2010 10:57 AM |
Great minds think alike. On the heels of my initial morning commentary regarding my belief that housing will remain under pressure, my friends at 12th Street Capital shared a recently released report from Moody’s on the residential mortgage market.
What does Moody’s see? A foreclosure bubble. Ouch!!
Moody’s writes:
HAMP, Moratoriums, and Court Delays Expand Foreclosure Bubble: >>>>> (more…)
Tags: and Court Delays Expand Foreclosure Bubble, HAFA, HAMP, Home Affordable Foreclosure Alternative, housing inventory, Moody's, Moody's report on housing, Moody's report on mortgages, Moratoriums, mortgage defaults, mortgage delinquencies, mortgage foreclosures
Posted in foreclosures, General | No Comments »
