Credit Suisse report on the lending market

Discussion in 'Wall St. News' started by blast19, Mar 23, 2007.

  1. blast19


  2. blast19


    Just a blurb that is astonishing:

    "We remind investors that the headwinds from deteriorating credit will impact
    supply and pricing conditions, as well as incremental demand. With delinquency
    and foreclosure rates continuing to rise, we believe this will result in more
    supply hitting the market throughout the year. In addition, we estimate that
    current inventory figures released by the NAR could ultimately be 20% higher
    when homes currently in the foreclosure pipeline hit the resale market."