A Second Wave Of Mortgage Defaults Is About To Come

by Olivier on September 13, 2009

Interesting videos on the mortgage defaults about to come. ARMs (adjustable mortgage rate) are due to reset over the next years and as Jim Sinclair points out: “The Commercial Real Estate loans coming due swamp all the speaker is talking about.” Check out the Videos explaining the Credit Crisis I posted a while back for additional information on how real estate speculation evolved over time.


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