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The Next Mortgage Bombshell

By michaelsch   2011 Jun 27, 3:46am   ↑ like   ↓ dislike   1,468 views   3 comments   watch (0)   share   quote  

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".

#housing

Comments 1-3 of 3     Last »

1   bubblesitter   2011 Jun 27, 4:06am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

Don't worry, US tax payers will pick up the tab.

2   Hysteresis   2011 Jun 27, 4:54am  ↑ like   ↓ dislike (1)   quote   top   bottom   home   share  

thanks. fantastic article.

this may be a nice short strategy.

3   FortWayne (43/44 = 97% civil)   2011 Jun 27, 5:01am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

as article points out, most of these mortgages are carried by FN/FR so tax payers will pay the bill.

Comments 1-3 of 3     Last »

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