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Loan Modification

: Loan Modification & Home Loan News

Chris Whalen?s Terrifying Presentation On The 2011 Foreclosure Crisis

By Moe Bedard

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The biggest bear in foreclosure-gate is Institutional Risk Analytic’s Chris Whalen. At a conference Wednesday, Whalen said the foreclosure crisis would make 2008 look like a cakewalk (via Prag Cap): “The U.S. banking industry is entering a new period of crisis where operating costs are rising dramatically due to foreclosures and defaults. We are less [...]

Full post as published by Loan Modification & Home Loan News on October 15, 2010 (boomark / email).

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