Thanks, jp, that is what I’m trying to ask. That is the $64,000 (and interesting) question.
The Retuers article justinmac posted today captured the question nicely: Foreclosures being processed surged nearly 80 percent in the second quarter from a year earlier to nearly 1 million. But completed foreclosures fell nearly 10 percent to 106,007, the OCC says.
If only they provided the answer to how all it’s all being held back so effectively (or at least it appears effective). Clearly, Rt.66 has declared that an exercise left to the reader. I don’t fault him for not knowing, I’ve admitted I don’t, but he could maybe relax a little.
