But that mannequin has come beneath intensifying scrutiny from critics who’ve likened it to a cartel. Late final 12 months, a jury in a Kansas City federal court docket found the longstanding practice to be a form of collusion that …
These elements led to a housing market collapse in most parts of the country in which householders, unable to make their month-to-month mortgage payments, ended up in foreclosures. To 8%, low housing stock, high home prices and suppressed mortgage demand. …