The Next Mortgage Bombshell


By michaelsch   Follow   Mon, 27 Jun 2011, 10:46am   1,000 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


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    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


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    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


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    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.

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