Calcuated Risk writes “The Conference of State Bank Supervisors (CSBS) hopes to release the State Nontraditional Mortgage Guidance on Tuesday November 14th.” Thanks, CR for keeping tabs on this.
Finally, the day I’ve been waiting for. About a month or two after this release, home sales should stall, falling by 75% in just a few months. And with lower sales, prices will come under serious pressure.
