A very interesting study by the University of Arkansas looked at what (or who) was to blame for the number of foreclosures. The study revealed that the majority of foreclosures were not because of banks entering into high-risk loans to the most vulnerable. Read the study results here.
Resource: REALTOR.org
Thanks for posting the article, was certainly a great read!
Comment by Tony Orlando — May 7, 2010 @ 7:00 am