CNBC Realty Check

FHA Holding Back Housing
CNBC Realty Check
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CNBC Realty Check

Moderator:  US pending home sales data is going to be released today at 10 Eastern.  Economist polled by Down Jones news wise are expecting a modest 0.1% increase in June, this after pending home sales soared 6.7% to hit a 6-year high in May.  Joining us from Fort Lauderdale, Sherry Olefson, author of Foreclosure Nation.  Sherry good morning to you.  Thanks much indeed for joining us.

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