Archive for the 'Alt-A' Category

The Credit Crunch: The Next Shoe to Drop ….

By: Myles, August 13th, 2008

Could things get worse? Well, according to a piece by Les Christie of CNNMoney.com, the answer may be yes.
Turns out, prime mortgages are starting to default at disturbingly high rates - a development that threatens to slow any potential housing recovery.
Here is yet another strong and very expert view who says — you bet: […]

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