More foreclosures coming?

[Amad Osman]

Interesting article on non-agency mortgage delinquencies from the 08 crash.

Why bubble-era home mortgages are a disaster waiting to happen -
https://on.mktw.net/2SpkCRx

[Brian Ploszay]

I think that most of the bad mortgages from that era have gone bad already.  Ten years later, there is a greater chance that borrowers have regained some of their equity.  In some very distressed areas, there are still many houses that are under water.