I do not believe a sustainable housing recovery will be possible without the participation of homeowners.

Compliance requirements are so extensive no Broker will ever be in full compliance therefore if trust deed investor suffers a loss, recovery is a virtual guarantee, as long as Broker has dough.Most Brokers will have trust deed investor fill out required Department of Real Estate form, put it in the file without ever looking at it and everything will be fine until they aren't fine.

For whatever reason I thought that is where we were going :D-Joe, on Day 2 of recovery and not currently doped.

My partner was the best at recovery.

You have overall recoveries and then micro market recoveries.

Trust me, with my strong demeanor, athletic style; I've had my share of persecutions and grappling with feeling like I'm out of place.

When we went through the mens locker room the names on the lockers where the who's who of corporate america. the only Athletes that are members are Palmer and Nicklaus. and these kings of industry have to share lockers..

Read hereFollowing last year's realization that mortgage origination as a product line is effectively dead (which has forced such origination dependent banks as Wells Fargo to return to subprime lending in hopes of keeping the revenue stream alive, knowing full well how it all ends), and that only investors and "all cash" buyers are keeping the myth of the housing recovery alive on their shoulders, banks fired tens of thousands of workers in the mortgage business hoping to stem the bottom line bleeding from the collapse in revenues.

Look into the velocity of money and GDP.You need to consider that some profit more from poor economic times and that there is clearly the effects of perceived market reactions of the economy crashing simply drags out any recovery and may sabotage relief.

If it drops, it will likely be due to the recovery of those who suffered foreclosure, which would leave a good exit strategy for SFR owners, at least.