"These temporary problems are primarily with jumbo loans, and there are
continuing issues for subprime borrowers, but there are no serious
problems for the majority of buyers who qualify for conventional
financing or FHA-insured loans," Mr. Yun said. "Some consumer concerns
remain, but since mid-August the market has been stabilizing somewhat.
I see the market as having not shed light on the true scope and magnitude of the fallout yet.