Real Estate Crash

The real estate market is in such a malaise. Yesterday Bank of America agreed to purchase Country wide financial for 4 billion dollars in stock. Will this be the bottom for mortgage delinquencies, the real estate crash? There are now rumors that JP Morgan Chase might look to acquire Washington Mutual. Consolidation in the mortgage industry in my opinion will be good. It must be painful for a homeowner to lose his or her home to auction or to the bank. Hoping for better days ahead in the mess that these bank's have created. Angelo Mozilla was saved, will we be? Stay Tuned!