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Craig Nickerson
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Entries by Craig Nickerson

The Truth Behind Foreclosure Crisis 'Recovery': Spotlight on the Shadow Inventory

(17) Comments | Posted March 15, 2010 | 2:41 PM

There was a great story in the Washington Post on Friday illuminating the discrepancy between current, lagging foreclosure numbers and the huge number of homeowners who are actually seriously defaulting on their mortgage loans. As the reporter notes, we currently have a "shadow inventory" of distressed homes looming...

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State of the Foreclosure Crisis

(0) Comments | Posted January 28, 2010 | 9:58 AM

It was heartening to hear President Obama unveil a number of domestic economic policy initiatives in last night's State of the Union address--policies that will hopefully come as a much-needed respite for a middle class struggling through a deep recession. But while everyone's attention shifts to job creation, we must...

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