World-News: Get Ready For Another Housing Crash

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Get Ready For Another Housing Crash

Mortgage quality had fallen off a cliff

If Citigroup's mortgages were this bad, we can expect the same level of problems at Wells Fargo, Bank of America and every other major US mortgage lender.

http://www.cnbc.com/id/41133468?

From Information Clearing House

http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=housing
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=mortgage
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Citigroup
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wells+Fargo
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Bank+of+America

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Starmail - 21. Jan, 09:13

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