The housing industry is going through a crisis. A huge number of individuals holding mortgages are finding themselves unable to pay their upwardly adjusting mortgage payments as I discussed in my earlier post on the credit squeeze, foreclosures and recession. The housing construction has gone into a meltdown with new housing starts at their historic [...]
More on this topic
(What's this?)
Could Millions of Homes Be Foreclosure Proof?
(naked capitalism, 8/20/10)
Why Are NACA’s Innovative Mortgage Modification Marathons Below the Radar?
(naked capitalism, 8/30/10)
New Mortgage Applications Tank, Housing Double Dip Underway
(Expected Returns, 6/9/10)
