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Loan Modification

: Mortgage Lender Implode-o-Meter

Accelerating Jumbo Mortgage Delinquencies Will Bash High-End Property Values

By Implode-Explode Heavy Industries

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``The National Association of Realtors reported a high-end supply of 40 months ? or more than SIX TIMES higher than it should be. Charlotte is selling out ten times slower than in better times. Kenilworth Illinois is ?extremely oversupplied?. And in Lake Forest power houses are selling, but it takes 20 years to get rid of the thing.''

Full post as published by Mortgage Lender Implode-o-Meter on June 16, 2010 (boomark / email).

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