subprime mortgages Archives - Rethinking the Dollar

The Ominous Clouds Over Today’s Banking System

Oct 2, 2023 | Economic Collapse

In 2007, a financial storm swept across the globe, with the real estate market serving as the eye of the storm. A fast forward to the present day reveals that there are rumors of another storm in the air. However, contrary to what most people believe, the storm we are...

Subprime Mortgages Fall Massively Delinquent Leaving Taxpayers On Hook As Housing Market Splits In Two

Aug 28, 2020 | Economic Collapse

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...

Subprime Will Be Back With A Vengeance In 2020

Jan 2, 2020 | News

One of the lasting legacies of the economic collapse a decade ago is subprime. After lying dormant for several years in the aftermath of the Great Recession, the subprime market has returned with a vengeance. Everything is subprime nowadays as banks, finance...