28 Million Face Eviction — Mortgage Market Meltdown Continues
It looks like we are facing a housing crisis that is going to be far worse than anything that we experienced during the last recession, and unless Congress starts making money rain from the sky it doesn’t appear that there is any hope of stopping it. Last week we...
The Next Crisis of Delinquencies: Up To 30% Of All Mortgages Will Default
Unlike in the 2008 financial crisis when a glut of subprime debt, layered with trillions in CDOs and CDO squareds, sent home prices to stratospheric levels before everything crashed scarring an entire generation of homebuyers, this time the housing sector is facing a...







