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The Next Mortgage Bombshell

By michaelsch   Follow   Mon, 27 Jun 2011, 10:46am   935 views   3 comments
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An interesting article.

http://finance.yahoo.com/loans/article/113015/next-mortgage-bombshell-barrons?mod=patrick.net

Note: Mainstream media nowadays is full with such "news".

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1. bubblesitter Follow Befriend (5) 10 threads 2,329 comments

   1   11:06am Mon 27 Jun 2011   Share   Quote   Permalink   Like   Dislike   Don't worry, US tax payers will pick up the tab.

2. Hysteresis Follow Befriend (2) 14 threads 648 comments

   2   11:54am Mon 27 Jun 2011   Share   Quote   Permalink   Like   Dislike (1)   thanks. fantastic article. this may be a nice short strategy.

3. FortWayne Follow Befriend (13) 103 threads 3,768 comments

   3   12:01pm Mon 27 Jun 2011   Share   Quote   Permalink   Like   Dislike   as article points out, most of these mortgages are carried by FN/FR so tax payers will pay the bill.