Flood of People Set To Walk Away From Their Mortgage
smith.substack.com
Panicked by rising foreclosures, banks and the government are willing to do just about anything to stem the tide. More regulations, rules, bailouts (primarily directed to the banks themselves) may slow the reckoning, but ultimately doesn’t the market need to do what the market does?
Flood of People Set To Walk Away From Their Mortgage
Flood of People Set To Walk Away From Their…
Flood of People Set To Walk Away From Their Mortgage
Panicked by rising foreclosures, banks and the government are willing to do just about anything to stem the tide. More regulations, rules, bailouts (primarily directed to the banks themselves) may slow the reckoning, but ultimately doesn’t the market need to do what the market does?