Wednesday, May 23, 2012
1. An important announcement that the market is completely ignoring
 
2. Casey Research: "Everybody should be acutely aware of what's happening right now"
 
3. The case against paying your mortgage
 
1. Forget the selloff... This could be the biggest gold news of the month
 
2. Controversial post: "We're about to have another 2008-style crisis"
 
3. Why a "panic buying opportunity" could be coming in tiny resource stocks
 
4. The simple fact most Americans don't understand about our "too big to fail" banks
 
5. The European Central Bank made an incredible statement on Greece today
 
The next mortgage time bomb is about to go off
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Friday, January 08, 2010
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From Newsmax:

Real estate gurus Robert Shiller and Karl Case say the mortgage crisis will now spread even to homeowners with strong credit scores.

The two co-founded the S&P/Case-Shiller Home Price Index. Shiller teaches at Yale and Case at Wellesley College.

“There will be continuing foreclosures, and not just subprime, it will be prime mortgages,” Shiller told Bloomberg.

“This is creating a huge shadow inventory of homes that are still owned, but they’re going to be on the market in the next year or so.”

Already, the amount of prime mortgages overdue by...

Read full article...
 
More on mortgages:

The case against paying your mortgage

A shocking 1 of every 4 mortgages are underwater

Mortgage delinquencies soar... Now at all-time high

Topics: Mortgages | Real_Estate
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