Zero Money Down, Not Subprime Status, Leads Foreclosures

according to Stan Liebowitz, reporting in the WSJ today (Friday, July 3, 2009 not sure if publicly available) on a regression analysis he conducted of home mortgage foreclosures. I wonder what co-blogger Todd makes of this; I’m not expert enough in the numbers surrounding home mortgages to say. However, as the article says, there certainly are policy implications, one way or the other. Here’s a little bit:

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