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Craig Stephen’s This Week in China: New property-bubble warnings in Hong Kong

0 Comments Published October 26th, 2009 in News.

Hong Kong’s leaders seem to be ignoring a lesson from the subprime-inspired financial crash, namely that central bankers must watch asset prices.

Find more subprime information from Google

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« Collective liability cut from credit rater bill
Panel set to vote on post-crisis credit rater bill »
This blog discusses subprime mortgage problems. Subprime problems began when lenders offered loans to potential home owners with bad credit or credit / income that did not meet the standards of traditional lending. Subprime mortgages for people with bad credit or no credit face an uncertain future. Once the hope of many to enter into home ownership has now been corrupted both by overreaching consumers and predatory lenders. I hope to follow the aftermath of this crisis.

Mortgage Lender Implode-o-Meter






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