Economic Focus – The Cycle Continues?

ECONOMIC FOCUS

CoreLogic recently published an article by Deputy Chief Economist, Sam Khater, discussing the influence of lack of equity and its important role in loan defaults in general.  At a time when policy makers are attempting to loosen lending by reducing the price and expanding the quantity of low down payment real estate credit, take a look at this article discussing the drop in the foreclosure rate and what it is doing to the downpayment and credit standard. [read full article here]

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