Analysis: Effect of foreclosure woes depends on the speed of resolution:

10/17/2010 | Wall Street Journal, The

The foreclosure issue is hurting bank stocks, forcing struggling homeowners into limbo and hindering the broader housing market, according to this analysis. The overall effect of the foreclosure issue, however, depends on how quickly it can be resolved, with the fast pace of modern finance grinding down to the slower pace of the legal system, these writers argue.

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Wall Street Journal, The

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