Pendings not contingents. Pendings are actually in escrow. Continegents are waiting t be approved so tehy could go into escrow. If contingents got approved quicker the pendings would be much higher as would the sales.

Thanx FSD for proving the resets are looking like a non-event for most alt A ARM’s for the time being. To the contrary they are actually celebratory events for many with ALT A ARM’s.