Foreclosures: Are Fewer Worse Than More?


We all know the housing market has been hurt by too many foreclosures being processed too quickly. But now that documents are being reviewed more closely and the process is taking longer -- as it well should -- some housing industry experts are saying fewer foreclosures may be even worse for the economy.

Naturally, the ones making the argument are folks who have been benefiting from the foreclosure boom-- contractors, landscapers and the like. They're complaining that their business has disappeared.

So who's right?