Home -> Law Blog Directory -> Loan Modification Blogs -> Mortgage Lender Implode-o-Meter

Loan Modification

: Mortgage Lender Implode-o-Meter

Mandelman Matters Presents: ARE YOU READING THIS STUFF?

By Implode-Explode Heavy Industries

"That vicious cycle could cause prices to bounce up and down for years. ?I see a saw tooth bottom,? Humphries said. ?Prices go up; inventory rises, which sends prices down again. That plays out for three to five years of no appreciation. ? Without price appreciation, it leaves more homeowners in negative equity. That?s toxic. Any setback, like a job loss, they go into foreclosure.?"

Full post as published by Mortgage Lender Implode-o-Meter on May 17, 2010 (boomark / email).