thestatedtruth.com | July 12, 2009
A study finds that 26% of the defaults across the country are calculated economic decisions to bail out of loans by borrowers who could afford to make the monthly payments. By Kenneth R. Harney July 12, 2009 Reporting from Washington — Would you, under any circumstances, default on your home mortgage, even if you could […]
thestatedtruth.com | July 1, 2009
thestatedtruth.com | April 2, 2009
Things continue to fall apart…………Home Prices in 20 U.S. Cities Fell by a Record 19% in January ……… The S&P/Case-Shiller index‘s decrease was more than forecast and compares with an 18.6 percent decrease in December. The gauge has fallen every month since January 2007, and year- over-year records began in 2001.  Downward Path….All 20 cities in the index […]
thestatedtruth.com | March 31, 2009
Meredith Whitney has it figured out. She has been way ahead of everybody else on banking. She is now in the process of opening her own investment firm…………………..The big-bank model isn’t going to last much longer, banking industry analyst Meredith Whitney said at the Journal’s Future of Finance Initiative, and said a more sustainable approach would be bigger regional […]
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