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(English) Will Foreclosures Be Erased?

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2 comentarios
  1. Dirk Walker
    Dirk Walker Dice:

    I agree that less foreclosure supply will temporarily stabilize the real estate market. The other shoe to drop on this mess though would be the increased cost of credit. If banks can’t foreclose or have to delay foreclosure, which as mentioned will cost them billion of dollars, then they will have to increase the cost of borrowing to offset the losses. Higher interest rate and fees are certainly to follow.


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  1. […] This post was mentioned on Twitter by Jeffrey Chalmers and others. Jeffrey Chalmers said: Will Foreclosures Be Erased? – A court in Massachusetts voided two bank foreclosures this past Friday. The decision … http://ht.ly/1aNPPq […]

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