Zombie landlords? Part 1, what becomes a zombie?
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 [...]
