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sean eagan: 60 Minutes - Second Wave Is Coming...This Thing's Not Over Yet. - 12/15/08 09:31 PM
My husband, Michael cringes when I post things like this - but I never promised to bring you just the Pollyanna good news in the market. The '60 Minutes' piece speculates that we are about halfway through this housing crisis. According to the show, the first wave of this crisis was made up of sub-prime loans. The second wave is predicted to be Alt-A loans and Option ARMs that have adjustments coming.

Watch CBS Videos Online Sean Egan, considered to be on of 6 Wall Street experts that 'predicted the fall of the financial giants' says that the housing market is … (56 comments)

 
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Linsey Planeta - Your 'OC Real Estate Voice'

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