• Moral Hazards, Moral Buzzards

      Is it a good idea to let the foreclosures roll on?  A lot more than that, say the banking and mortgage industries, among others.  “Home repo” is critical to economic recovery, they argue.  Stopping foreclosures would cut the legs off a still-wobbly rebound.  In the industry’s view, the fewer foreclosures, the fewer resales; the […]