The Future Tense
Thoughts On Life, Media and the Financial Markets
TV: All Time
Real Estate Loans
Commercial real estate delinquencies have hit fresh monthly highs as can be seen below:
The number of homeowners currently not paying their mortgages, but not in foreclosure, has risen to 5.1%. This is the "shadow inventory."
Living for free is starting to seem very appealing to those that are underwater on their mortgage.
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