Interesting Article about the Housing Meltdown/Mortgage Crisis

 
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  #1  
Old 12-01-2008, 08:22 AM
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Default Interesting Article about the Housing Meltdown/Mortgage Crisis

http://news.yahoo.com/s/ap/20081201/...nored_warnings
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Old 12-01-2008, 08:56 AM
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Default A sort of dialogue about the mortgage industry.

The article would have more value if it included percentages splits on the successful lenders as well as the ones that failed.
Also some statistics regarding what % the so called "bad" mortgages are of the total mortgages.
These are not typical data supplied by "dialogue-type" reporters. With appropriate statistics one can determine the siaze of the REAL problem and that certainly is not in the charter of most media.
Not a bad story as long as one knows it is only a very small niche being discussed.

BTK
 


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