Revisiting An Old Post: The Coming Foreclosure Boom

I went back in time on some research today, re-reading the post, The Coming Foreclosure Boom. It wasn't from so far back as November 5, 1955 (it was only from March 2006), but it felt like ancient history to me. Some of the highlighted ideas in that original blog entry are worth revisiting today. I especially like the reference to California boasting lowest foreclosure rate standing because of its massive equity buildup. Once the equity slowed, we know now, the...

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[Source: The Mortgage Reports Blog]