Pent-up "Shadow" inventory, Mortgage crisis stalled?

{ Posted on 10:05 PM by JR Erickson }

Good info about the "Shadow" inventor that is pent-up getting ready to go through the foreclosure process. Like I said in some earlier tweets, there is over 1.2 million loans that are over 90 days late that haven't even started in the foreclosure process. Some analysts say that we will creep down another 6% before we hit the bottom. I am not a pessimist, but I am trying to be real. I hope all this stuff is wrong, and that great things are coming. Stay tuned!

Posted via web from Jeremy R Erickson

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