Mortgage Settlement Not Only Thing Plunging Prices

"New data just released revealed delinquency rates for mortgage holders is up in the last quarter of 2011. Now, the national mortgage delinquency rate is 6.01%, up from 5.88% in the third quarter of 2011 according to TransUnion. This downward trend in real estate prices will not be slowed by this bad news. Also, keep in mind, because of the $26 billion foreclosure fraud deal just agreed to (that lets the biggest banks off the hook for forgery and perjury), the banks are only going to be empowered to spike the pace of foreclosures in 2012. "