Foreclosure-Gate Delays will Prolong Housing Pain

"According to a report published yesterday by Fitch Ratings, Foreclosure-Gate is, in the end, just going to make the housing market situation worse[1]. While no one disputes that there is definitely a problem when lenders take possession of homes that are not clearly theirs, the massive delays in foreclosures nationwide thanks to a number of internal and external investigations into this problem are definitely going to “drag out the time it takes for the U.S. Housing market to recover,”"