dcoffield_IHB
New member
Maybe I'm a little behind on this, but did they change the Bank mark to market rules back in April?
http://seekingalpha.com/article/129479-new-mark-to-market-rules-playing-pretend
This would explain part of the price stablization we've seen (along with seasonal and forclosure morts.).
All this seems like the makings of a long slow slide in home values for years and years to come.
http://seekingalpha.com/article/129479-new-mark-to-market-rules-playing-pretend
This would explain part of the price stablization we've seen (along with seasonal and forclosure morts.).
All this seems like the makings of a long slow slide in home values for years and years to come.