Detailed text transcripts for TV channel - CNN - 20101009:13:32:00
Of these problem loans. which in the near term might mean less of a house price declines, the housing market won't get hit as hard by these distressed sales. but down the road, of course, when these homes do go to market, it will put pressure on housing values. the bottom line is, it means that the -- this is going to take a lot longer to work through this nightmare that we've been in. >> and as if we needed anything to add to the nightmare. i want to read everyone out there the statement that came in from bank of america on this. it says bank of america has extended a review of foreclosure do...
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