Phoenix Foreclosures: So This Is Better?

"Lenders have no motivation to keep up the former rate of foreclosures. They also are now required to have the proper documents signed by actual people in order to foreclose, and they just don't have the wherewithal to do foreclosures at their former rate. You can't take this slowdown as any sort of "sign". If this is "positioning for a recovery", I'm not seeing it."