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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (5262)9/12/2002 4:30:30 PM
From: MulhollandDriveRead Replies (2) | Respond to of 306849
 
the default rates could surged that quarter for any number or reasons.

(not having Q1 99 economic statistics readily at hand)

but what is your point? there was a spike in foreclosures when the economy was stronger, and there is a spike now that the economy is weak?

all that implies is we may be in for even higher foreclosure rates.

the spike in Q1 99 could have been a result of mortgage holders accelerating bad loans off of their books..

i really don't know.



To: Lizzie Tudor who wrote (5262)9/12/2002 4:40:04 PM
From: bozwoodRespond to of 306849
 
Was this time frame when Congress started talking seriously about bankruptcy reform? Not sure if that would be the cause for the spike, but I do recall a spike in bankruptcy filings around that time period.


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