Posts Tagged ‘subprime market’

The Foreclosure Crisis Today Is The Tip Of The Iceberg

Saturday, June 30th, 2007

Foreclosures in the subprime market have nose-dived. The news media are choking with information. The sub-prime was set up to help the low-income group or those with bad credit history. But it is this group’s dream houses are crumbling like sand castles. But mortgage representatives as well as the Federal Reserve Bank have rushed in [...]