“Of course a rising market will hide all of that.”
I take it you are referring to the formerly rising market that did hide all of that, and not one to come.
I’m curious. I hear about the selling of securities by mortgage companies, to holding companies, and investment insurances and all that stuff the lenders do to minimize or eliminate their risk in these liberal lending practices.
How that will all play out? I can’t imagine it benefits the home owner, but what will the effects be as the market continues to tank?