Tag Archives: Washington’s Blog

Government using subprime mortgage to pump housing recovery

Housing researchers should find this article of interest. It looks very much as if we are going to get a repeat of the subprime mortgage bubble. Politicians never seem to learn from past mistakes. jimsresearchnotes  http://www.washingtonsblog.com/2015/05/government-using-subprime-mortgages-pump-housing-recovery-taxpayers-will-pay.html GOVERNMENT USING SUBPRIME MORTGAGES TO … Continue reading

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Subprime mortgages being used to pump housing recovery

Sub-prime mortgages are again being used to pump up the housing market. David Stockman on Contra Corner has also dealt with this in several posts. Sub-prime mortgages are even being used in selling cars. The lessons from the last sub-prime mortgage … Continue reading

Posted in EU, Housing, Subprime Mortgage Crisis | Tagged , , , ,