Tagged: foreclosure crisis

Banks Getting Forclosed On Foreclosures. A Double Dip For Banks? 0

Banks Getting Forclosed On Foreclosures. A Double Dip For Banks?

New York, May 31, 2011 – Data through March 2011, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show that the U.S. National...

Mortgage Foreclosure Crisis Visualized 0

Mortgage Foreclosure Crisis Visualized

Not many words required . . . (although I reserve my right to comment. Sorry.) 1.  Here’s the growth of the foreclosure crisis, the demon spawn of the financial system’s brilliant inNOvation called Mortgage Backed Securities (MBS). (click...

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