new york times equity problems homes sale bellingham wa: New York Times Equity Article...Uhgghh - 03/27/08 06:12 AM
I read this article yesterday in the New York Times┬áregarding the latest lender problems we are facing as a profession. While I usually can write off these tactics of the media trying to scare the public into thinking the sky is falling, this one IS pretty scarey because you are dealing with huge corporations that don't care what your buyer/seller story is. I will say that if you look at some of the stats they use( "In December, 5.7 percent of home equity lines of credit were delinquent or in default, up from 4.5 percent in 2006, according to Moody's Economy.com.") … (0 comments)

 

Patrick Johnson

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