May
13
inflation.us Sign Up at NIA for Christmas! Housing Crash Continues It’s Still A Terrible Time To Buy Why? patrick.net Because there is a massive and growing backlog of latent foreclosures. Millions of owners have simply stopped paying their mortgages, and the banks are doing nothing…Video Rating: 4 / 5
Dec
18
500 banks could fail between 2010 and 2011 as Commercial Real Estate loans begin to default. Commercial Real Estate values have fallen 40%, but many of their loans must be refianced in the next 3 years as their loans reach maturity. FDIC has less than 10 billion dollars to cover what could be a Trillion …
Sep
24
A second wave of home defaults will strike Banks in 2010-2012. Over .5 trillion dollars of bad home loans will threaten the banking system and risk economic collapse. Condensed from a 60 minutes expose. Video response shows Option ARM reset chart 2010-2012