According to Mr. Greenspan, one of our exalted economic luminaries, the worst of the credit crisis may be over. In the same article, and in another one, he stated that there was more pain for the housing market.
Be that as it may, we are also seeing vulture investors in the housing market. Many times, these investor signal the "end of the end" and the beginning of new things. However, it may take a while for things to turn. In the mean time, the vultures will feast.
Although economic times have been uncertain, things have been good in the purchase order financing market. Purchase order financing and factoring companies have been seeing an increase in business.
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