Here on the Summa blogs, we’ve repeatedly pointed to the foreclosure mess when assigning blame for the current housing slump, regularly observing that the huge delay in processing foreclosures has resulted in an unwillingness to buy new and non-foreclosed homes due to the price disparity, driving down overall home prices. But just how bad is the situation? Well, according to Lender Processing Services, very; although it is steadily improving. Read More +

