The Subprime Disaster

The Subprime Disaster

The Subprime Disaster and the high foreclosure rate

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Written by kaufmanjk on
For months now every morning when I read the news all I see in the headlines are stories on the Subprime Disaster and the high foreclosure rates. It is at this point that I am sick and tired of hearing about this issue! I saw this issues coming over 2 years ago! How stupid do you have to be to fall for the ARMs gimmick? You cannot possible afford your house if the only way you could get a low enough payment was with an ARM. If by going with an ARM you saved $500 per month, what magically made you think you could ... Read Full Story
Written by kaufmanjk on
Wikizines are interactive magazines that anyone can create or edit - and this one is called "The Subprime Disaster". Here you can find fresh voices and respond in real time. Some members write articles about recent news and trends related to the wikizine's topic, others recount relevant personal stories or share their favorite pictures and video clips. Got an interesting idea or story to share with other members of this wikizine? Well, then put on your journalist's cap and add your own article! Read Full Story
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for sale

Mortgage picture

for sale

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