Has anyone jumped into the foreclosures market? I know 3 years ago every idiot and their mother was doing it, with all those late nite informercials so it made no economic sense, but now I think there is MUCH more supply than demand - even from those who flp em-. Cost of carry got higher and leverage is not extended (easily) anymore? For a cash investor - may not be a bad play? I know this isn't trading securities, but its trading nonetheless - this could be the official thread on foreclosure market.