It may feel like the housing crisis is largely behind us, but the statistics show otherwise. Sales continue to slip in many areas, foreclosures remain at record highs, and late payments are still increasing.
[Read more...]Global Market Commentary, Analysis and Investments
It may feel like the housing crisis is largely behind us, but the statistics show otherwise. Sales continue to slip in many areas, foreclosures remain at record highs, and late payments are still increasing.
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Fannie, Freddie and the Never-Ending Homing Crisis
A zombie alert. Bloomberg has the report:
Chris Whalen is famous lately for predicting a return of the subprime crisis in 2011. His thoughts on the greater mortgage system are also interesting, as discussed in an interview with King World News.
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