How Bloomberg Fabricates U.S. Housing Numbers [View article]
To those who say that actual foreclosures have not increased by as much as the author says.
That's not the point.
The point is that loan defaults have been increasing. And the problem is that there is no answer for the defaults. So the banks aren't even foreclosing anymore.
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To those who say that actual foreclosures have not increased by as much as the author says.
Nov 02 10:02 am
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All Comments by Seth Chalnick »How Bloomberg Fabricates U.S. Housing Numbers [View article]
That's not the point.
The point is that loan defaults have been increasing. And the problem is that there is no answer for the defaults. So the banks aren't even foreclosing anymore.