Topic: Home-seizure process can heal or hobble housing market
California and Florida had a lot in common during the housing industry's last boom-and-bust cycle.
Both were overrun by buyers hooked on high-risk mortgages, speculators who helped push prices to historic peaks and builders who didn't know when to stop.
Read more: http://www.kansascity.com/2010/11/11/24 … -heal.html