On one side: land rush by a few hundred thousand home buyers. On the other: millions of homeowners with delinquent mortgages. The Federal Housing Administration (FHA) prides itself in insuring subprime mortgages with, as it says, “low down...
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...
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...
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The Saudis want to break free from U.S. influence and hedge their bets with China and the Russians
DOWNLOAD SAUDIS GIVE BIDEN THE FINGER: END OF DOLLAR NOW!
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