Relevant:
- Zillow: "Unsustainable" Home Price Appreciation Cooling Down
- Subprime Borrowers Six Times as Likely to End in Foreclosure
- Bank’s Bad Math - Home Price Indexing Responsible
- As I see it, 32 commercial banks and thrifts may see the feces hit the fan blades
- Chicago-area home prices show first signs of recovery after three-year slide
2007-05-16 — reuters.com
"Second-liens are in big trouble. If there is no home price appreciation then there is almost no recovery on these loans"
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