There’s been a lot of talk lately as to when the 2nd wave of foreclosures are coming and if banks purposely left them aside to wait for home prices to rise as a result of all the stimulus packages. Here’s a list of articles that provide evidence of this:
http://www.latimes.com/business/la-fi-foreclose12-2009aug12,0,4827812.story
http://www.npr.org/templates/story/story.php?storyId=106113137
http://www.calculatedriskblog.com/2009/08/shadow-inventory.html
http://blogs.wsj.com/developments/2009/07/21/are-banks-holding-a-shadow-inventory-of-homes/
http://latimesblogs.latimes.com/laland/2009/07/banks-moving-slowly-on-foreclosures.html
http://www.theaustralian.news.com.au/business/story/0,28124,25983479-5018001,00.html
