“You have a resource economy that’s been blown apart sitting on top of a housing bubble,” says Marc Cohodes, a well-known Wall Street short seller who’s betting against Canadian mortgage lenders.
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In 2011, lenders foreclosed on fewer Dallas-Fort Worth homes than in any year since before the. year earlier in June as lenders worked to reduce their backlogs of problem mortgages. “Certainly I.
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That includes Drees, which is hoping to reverse last year’s 35 percent slide by launching a new, lower-priced product line called SimpliStyle in February. “The higher the price, the softer the market,
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