subprime: The Mortgage Mess...
- 06/16/08 04:31 AM
What a mess the mortgage industry is in right now. Something needs to be done and the guys with the nice coats and ties up in Washington can't fix this because they don't know what the root of the problem is. On top of that, they have no idea and the mortgage mess is filtering down tier after tier and how the old problems are causing new problems and more than likely these new problems will become old problems with new problems emerging that we don't even realize yet. With interest rates increasing to an 8 month high (as of the (2 comments)