While it is difficult to forecast with certainty how long the distressed home loan opportunity will last, we expect
strong close to continue for the next 12 months and probably longer. Our estimates envision a population of
approximately 15 billion to 20 billion in distressed home loans that have already been identified by marked
participants is likely to come up for sale.

So, with all these foreclosures in the lineup, where is all the improvement coming from, do you think?

In fact, and please take this as it’s intended, which is with only great respect, after what you’ve been involved in since 2009, I find it somewhere between surprising and hysterical that you appear to accept it at face value when you must understand that even at best it’s a solid examination of certain data and a reasonable forecast.

At worst it’s evidence of confirmation bias produced by a group of PhDs… Piling it Higher & Deeper… to be pedaled to politicians that more often than not received triple-digit SAT scores.

I’m not saying that’s necessarily the case, but surely you realize that even the best mapping of somewhere we’ve yet to travel is imprecise science under ideal circumstances.

So, is there a copy of this GS report being made available outside of the inner sanctum, or is this the sort of report one has to be a qualified investor to receive?

Thanks, in advance, for your help…

Any good news welcome, however.