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Loan Modification

: Loan Modification & Home Loan News

Fed owns nearly half of all foreclosed homes

By Moe Bedard

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This is April data, so it doesn?t compare directly to the May data I commented on here a few days ago, but the data continues to drive home the fact that home prices simply aren?t going to bounce back. Thanks to bad public policy and perennial but unwarranted bullishness about real estate, lenders assumed that [...]

Full post as published by Loan Modification & Home Loan News on July 02, 2010 (boomark / email).

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