Friday, January 14, 2011

Real Estate, Housing and Economy: The Foreclosure Dump - CNBC

This is not good:

Real Estate, Housing and Economy: The Foreclosure Dump - CNBC: "It's coming, no question.

Today's report from RealtyTrac serves as a warning to big banks, Fannie, Freddie and local communities; The foreclosure glut is coming, and they'd better be ready to get rid of that glut in a big way."

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