The latest economic data is coming out and things don’t look good — depending on who you are and how you positioned yourself in the last 5 years. For those unfortunate souls who bought into a mortgage they couldn’t afford, things look bleak:
1/30/08 NYT: Sales of homes fell 26% last year.
1/30/08 EFinancedirectory: Home prices […]
Tags: Articles · Housing Stats
You may have seen the press about the dramatic rise in mortgage delinquencies. With the upcoming wave of ARM resets in March, the delinquencies and eventual foreclosures will only continue to rise. Just as we saw scam artists promoting “flipping” during the rise of the real estate bubble, we’re now seeing more scams related to […]
Tags: Articles · Mortgage Fraud
This post is an ongoing collection of articles, surveys, and research about mortgage fraud and the credit bubble.
General References:
Rachel Dollar’s and the Prieston Group’s blogs focus on mortgage fraud.
John Maudlin publishes my favorite investing and economic analysis newsletter. He’s had some great discussion of the credit bubble, sub-prime crisis, and mortgage fraud.
Efinancedirectory.com has a great […]
Tags: Articles · Mortgage Fraud