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Is a Second Wave of Foreclosures on its Way?

By
Real Estate Agent with RE/MAX Prestige

I just watched an interesting piece on 60 Minutes where an investment fund manager, Whitney Tillson, outlines a potential second wave of forclosures from Alt A and Option Arm mortgages.

It's well worth the twelve and a half minutes to view: http://www.cbsnews.com/video/watch/?id=4668112n

 

Shane Scott
Law Office of Shane Scott, P.C. - Jamaica, NY
Real Estate Attorney

This is an interesting piece.  Thanks for the link.

Dec 17, 2008 04:42 AM