The next wave of mortgage defaults

More borrowers with good credit are defaulting on their home loans, and that's going to make it even harder for the staggering housing market to recover.

Webmaster's Commentary: 

The government borrows a ton of money, sticks us with the payments via taxes, then debases the currency by having the Federal reserve print up more of it, then gives tax credits to corporations to make it easier for them to send high paying jobs to other countries.

Then they stand around scratching their heads and wondering why those "danged deadbeat" Americans can't pay their bills!

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA