Make a Comment (1) • Email Link • Send Letter to Editor IPFS News Link • Housing Rising Job Losses = Rising Foreclosures 5-25-09 • Ritholtz.com/blog This is a theme I have been hammering on for some time: As more people lose their jobs, we will see increasing foreclosures, adding further stress to banks’ already ugly balance sheets. 1 Comments in Response to Rising Job Losses = Rising Foreclosures Comment by Powell Gammill Entered on: 5/25/2009 1:27:26 PM Yes, but the key take home point is these foreclosures are now from middle class people who had good credit and readily qualified for the loan. Make a Comment (1) • Email Link • Send Letter to Editor Watch Streaming Broadcast Live: LRN.fm DLive Live Chat Telegram Share this page with your friends on your favorite social network:
1 Comments in Response to Rising Job Losses = Rising Foreclosures
Yes, but the key take home point is these foreclosures are now from middle class people who had good credit and readily qualified for the loan.