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Loan Modification

: Mortgage Lender Implode-o-Meter

1.2 Million Households Disappear, Putting Downward Pressure on Home Prices and Rents

By Implode-Explode Heavy Industries

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The current downturn is smashing models that predict that home prices and rents can only be inversely correlated: ``In really bad times, people who are evicted from their houses will not rent. Instead, they will move in with friends or family for some time.''

Full post as published by Mortgage Lender Implode-o-Meter on April 10, 2010 (boomark / email).

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