Archives for “mortgage crisis”

The great home ATM ponzi.. illustrated

This great little graph from CR shows where all that apparent 'wealth' of the last decade came from.. mortgage equity withdraw.

0 Comments. Posted by Admin on Friday, March 27, 2009 at 12:15 am.

Filed under Economy, Debt Crisis, Great Unwind, mortgage crisis, ponzi, unwind.

Mortage Pain: The Next Shoe

This great article from Housing Wire brings attention to some early action unfolding in the Alt-A mortgage wave. As discussed in an earlier post, ...

0 Comments. Posted by Admin on Wednesday, October 29, 2008 at 4:52 am.

Filed under Economy, Alt-A, Credit Crisis, Debt Crisis, Great Unwind, mortgage crisis, mortgage resets, unwind.