Bonfire of the Insanities (please see disclaimer) ([info]uberjeep) wrote,
@ 2008-03-31 17:27:00
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Subprime mortgage crisis explained in cartoons
http://tiny.cc/uArLb

Funny. Check it out.



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[info]irrsinn
2008-03-31 06:40 am UTC (link)
Everything in life should be explained with cartoons

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[info]impresmessalina
2008-03-31 04:15 pm UTC (link)
i know nothing about the economy and that was quite insightful for me.

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[info]uncle_salty
2008-04-01 04:07 am UTC (link)
Question the media ought to be asking all three candidates: "About that housing-credit mess ... How exactly is federal action going to transmute bad investments into good investments?"

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[info]uberjeep
2008-04-01 08:33 pm UTC (link)
The answers would be v. creative and interesting to hear. Perhaps Jon Stewart should ask them on his show.

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No Fax Payday Loans
(Anonymous)
2008-08-27 06:57 am UTC (link)
The study of mortgage reset is very sensitive. Marketplace remediation has, according to the study, already begun. Borrowers are, on their own refinancing out of risky loans such as on banks or no fax payday loans , and lenders are working with clients to modify or refinance loans to avoid default.
One can assume from the results of the study that rate resets may cause a lot of individual pain and some market discombobulation but that the overall economy is strong enough to withstand the fallout which will represent only a small percentage of the mortgage market. http://personalmoneystore.com/moneyblog/

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