Mortgage Delinquencies Continue to Climb, Watch Out for Other Loans
September 23rd, 2008 · No Comments
It's beginning to get really ugly out there... unfortunately 13 months ago when we were told "this is just a subprime issue" we repeatedly said subprime is a symptom of the problem, not the problem - it is the tip of the iceberg - we have alt A mortgages, option ARMs, prime mortgages, credit card loans, auto loans, student loans, credit card debt. It's all coming down the pike. It appears the pike is coming right at us. This is why I cringe each time 1 data point "improves" slightly and all the
Tags: Credit Cards
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