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Don't be so certain...

Posted by Skeptic on December 22, 2009 at 2:20 PM

In Reply to: Re: Next FC wave may come sooner than we expected. posted by dalet on December 21, 2009 at 4:54 PM

NODs are already at record highs and as we all know the number of REOs doesn't in any way reflect the number of people in foreclosure. I stopped making predictions when I learned about all the people living in their homes without making a single payment for two years. For some reason the banks don't seem too concerned with collecting those pesky monthly payments.


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