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Jim Lowell: Free-market fetters

0 Comments Published February 1st, 2010 in News.

As we wend our way into February, Jim Lowell predicts six weeks of increased volatility with the probability of a stall shadowing the sunny momentum that has propelled this market.

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« Credit Markets: A small rise in mortgage rates seen after Fed done
Economic Report: Banks not loosening credit yet, Fed reports »
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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