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Originally Posted by pyeatpr  Thats it everyone, the housing crisis is over and no more modifications are needed.  Well that is what BOA would like you to believe and are probably the ones who paid the media and goverment to release these numbers. |
I read this earlier today and laughed! Wait until that shadow inventory of foreclosures gets released, then we'll see headlines reading "Unexpected sharp decline in home sales" 'cause there won't be enough buyers out there to snap up that inventory not to mention that $8000 first-time homebuyer credit will be no more! Worst is still yet to come! Can't wait to see the next Treasury progress report on 9/4 on modifications. I wish they'd include how many trial mods have been made permanent!