The appreciating values, strong housing related job creation and toxic loans kept a lid on foreclosures in many markets.
Vosilla check this out on C-span today - you can watch it over the web if you don't have cable - I watched it last night - very entertaining and informative - the 2 chicks on the panel - typical corian countertop loving type ;) Everyone knows there is a huge HUGE problem - but they just aren't smart enough to figure out how to reign in those "loantechs" - hehe
Coming on at 3:15 on cspan3 and 11:15 tonight on cspan2
inside.c-spanarchives.org:8080/cspan/cspan.csp?command=dprogram&record=153417312
House Committee
Title Insurance Marketplace
Financial Services, Housing and Community Opportunity
Washington, District of Columbia (United States)
ID: 192216 - 04/26/2006 - 2:00 - $120.00
Hunter, J. Robert Director, Consumer Federation of America, Insurance
Ney, Bob U.S. Representative, R-OH
Toll, Erin Co-Chairman, National Assn. of Insurance Commissioners, Title Insurance Working Group
Cunningham, Gary M. Deputy Assistant Secretary, Department of Housing & Urban Develop., Regulatory Affairs & Manufactured Housing
Williams, Orice M. Director, Government Accountability Office, Financial Markets & Community Investment Issues
Miller, Douglas President and CEO, Title One
Sterbcow, Arthur President, Latter and Blum Realtors
Stevens, Thomas M. President, National Association of Realtors
Yeager, Rande K. President, American Land Title Association |
