2007-08-21 — housingwire.com
"I dare you to add up all of the subprime borrowers facing a reset, a good chunk of the Alt-A borrowers facing a reset, and all of the prime borrowers that will default on their seconds — and that’s a rough order of magnitude for how many foreclosures we could be looking at within one year. That’s a whole hell of a lot of borrowers, and potentially a whole hell of a lot of properties on the market."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.