Date: November 12th, 2007

Zombie landlords? Part 1, what becomes a zombie?

12 November, 2007 (11:30) | Markets, Subprime, Tenure, US News | No comments

Every time I think I understand the potential full public-policy and market ramifications of the subprime mess, another one pops up.
 

Stop reading the financial pages!
 
What happens when the subprime borrower isn’t an owner-occupant, but a landlord?  Not what I thought, as reported in this little tale from the Boston Globe:
 
The foreclosure crisis increasingly is claiming […]