Sunday, December 30, 2007

The Next Foreclosure Wave

Thought the mortgage meltdown was just a sub-prime affair? Think again. There&039;s another time bomb waiting to explode, experts say: risky loans made to people with good credit. Believe it or not, above quote is not lifted from the pages of the Nerd&039;s Eye View, despite my longstanding tendency to rant to that very effect. It comes from none other than the Los Angeles Times, in a very good article on the looming foreclosure risks posed by Read More...

[Source: The Money Blogs]

No comments: