Market Snapshot: U.S. stocks edge higher, end month with gains

0 Comments Published February 27th, 2010 in News.

U.S. stocks on Friday cap their best month since November with modest gains, lifted by some improvement in U.S. economic data, though worries about consumer spending and sovereign debt kept a lid on optimism.

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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

Market Snapshot: U.S. stocks edge higher, end month with gains

0 Responses to “Market Snapshot: U.S. stocks edge higher, end month with gains”

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