Just when you think the sub-prime lending practices have created major havoc on our financial stability, another consumer lending practice creeps into the picture. Remember all those home equity loans? Yes, they’re still out there. And delinquency rates are starting to increase very quickly; much faster than any of the experts anticipated. Added to our [...]
Archive for March, 2008
We’ve Only Just Begun
Posted in Mortgage Crisis, tagged bailout, delinquency, home equity, sub-prime on March 11, 2008 | Leave a Comment »