Good morning! Here’s what you need to know: ______________________________ OVERVIEW Goldman Sees Six Bad Months For The US Economy | A “fairly bad” scenario calls for 1.5 to 2 percent growth. Mortgage Fraud Could Be A Systemic Risk | Committing fraud to cover up fraud does not a robust recovery make. Stockman On Tough Times […]
Tag Archives: mortgage
Lock and Load: Bargain Hunting the Mortgage Market Periphery
The sub-prime lending meltdown continues apace. For smart investors, the cratering of prices in lending land is a call to search for bargains. Ignore the media reports saying that the trouble will spread and bring the market to its knees. It won’t. To wit: Sub-prime mortgages represent just a fifth of the mortgage market, and […]