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[nimblebear]

The flood of homes coming onto the market this way, has eventually got to have an impact.

http://wcpo.com/news...oreclosure.html

[Rogerdodger]

John Mauldin this week:

I still lean toward my view that we will see a recession, as the weakness in the sub-prime mortgage market will impact housing prices more than most observers now think. But the Wright study also reinforces my view that it will be a mild recession, if indeed we do have one.