Doug Noland’s Credit Bubble Bulletin, www.prudentbear.com, 05/21/2010
[Weekly News Review - Selections]
May 19 – Bloomberg (Kathleen M. Howley): “A record share of U.S. mortgages were in foreclosure in the first quarter as job losses caused homebuyers to fall behind on monthly payments… The inventory of homes in foreclosure rose to 4.63% from 4.58% in the fourth quarter… The combined share of foreclosures [...]
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