Tag Archives: mortgage meltdown

Who is at fault mortgage meltdown?

This mortgage disaster is virtually all caused by just five of our nations states. These states are Michigan, Florida, Arizona, Nevada and California. These greedsters are dealing with the biggest spike in real estate foreclosures and have been gutted the hardest by the economic disaster. Huge amounts of families are left with [...]

Home is where the house is?

Market analysts believe that it may not be necessary for governments to intervene to prevent the failure of the mortgage market. Why call it a sub prime mortgage crisis? The current crisis is a result of a world wide shortage of cash, or liquidity. It may have started in the US mortgage market, but it [...]