Wednesday, February 17, 2016

OCHN: Manipulating for-sale home supply succeeded wildly for bankers

Reducing the number of homes for sale was the essential ingredient to bail out bankers and loanowners whose foolish behavior caused the housing bubble.

From early in the housing bust, I knew that how the banking cartel disposed of their REO would determine the fate of the housing market. Since...
Manipulating for-sale home supply succeeded wildly for bankers

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