Seriously, people, can we stop putting off foreclosures? I don’t mean banks renegotiating. Keep people in their homes if you can, but don’t just leave them languishing for nine months and then foreclose. Governments mandating that banks wait to foreclose are just dragging this thing out. Most of the inventory out there is troubled, and if you just keep feeding it in trickles, this fiasco is going to last for a decade. Come on. Let the crash happen and then let’s move on.
Another interesting sh*tstorm a-brewing…