Every now and then, I get a surprising email from a reader.
Take it away, Ron:
Sent via BlackBerry by AT&T
From: The Big Picture
Date: Sat, 31 May 2008 18:08:59
Subject: RSS The Big Picture
The Big Picture <http://bigpicture.typepad.com/comments/>
Mortgage Delinquencies Accelerating <http://feeds.feedburner.com/~r/TheBigPicture/~3/301925490/mortgage-delinq.html>
Posted: 31 May 2008 11:30 AM CDT
The mortgage crisis is bad and getting worse. The latest evidence suggests that any bottom in real estate is some ways off in the future: "Newly delinquent mortgage borrowers outnumbered people who caught up on their overdue payments by two to one last month, a sign that nationwide efforts to help homeowners avoid default may be failing.
Thanks for the feedback, Ron. I’ve seen pictures of the homes you build/sell, and I would have expected nothing less from you.
Given your class, leadership and professionalism, one is left to wonder how the home building and real estate industries ever ran into problems in the first place . . .
For more information, contact:
Ron Stenger Companies
5051 S. National Ave.
Springfield, MO 65810
Fax (417) 889-0889