It’s the same article rehashed by a different reporter, nice headline, but I want the date.
The first guy they interviewed said this
“There’s going to be a flood [of bank-owned homes] listed for sale at some point,”
Great!!! And at some point I will die, someone will win the lottery, someone gets to sleep with beyonce. That does nothing for me, I want to know who and when, if it’s me, then I can use that info.
At least the B of A person they interviewed said this “We are going to see a spike from now to the end of the year in foreclosures as we take people out of the running”
That person didn’t say 7 million, they said spike, but at least they gave me a when, On December 31st, I’ll reset this thread, if it doesn’t happen by then, it’s bigfoot.
Still no info on where they got the 7 million number, I can’t dispute it or believe it because none of these article say where it comes from or how it was determined.
The quoted experts from both articles is a 15 year old company that sells mortgage backed securities.
I could not find anything on their website regarding how they gathered the info for the obvious press release that they sent out. Since when is an mbs dealer the new authority to debunk case and schiller, something stinks in denmark.
