"Imagine a million-car pileup on the highway. Nobody moves. That’s
the housing foreclosure breakdown: houses stalled, waiting on the
housing market highway.
The cause of the pileup, like the cause of most pileups, is
volume. Too many mortgages have broken…"
Tuesday, November 30, 2010
The Foreclosure Pileup More Bad News For The US Economy | All Global News on One Page: