Keith Davis | February 27, 2009
Originally Posted October 9, 2008
As I watched the debate Tuesday night, I listened as both candidates threw the blame for our current economic crisis on our mortgage debacle. The bubble of housing prices through the US has created negative equity, high foreclosures, which in turn are causing bank failures, etc… We’ve all heard it on [...]
Category: Mortgages, Real Estate |
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Tags: Bubble, McCain, Politics, Recession
admin | February 26, 2009
Originally Posted March 25, 2008
Today, John McCain called for more transparency in the mortgage market, claiming that such an act would keep us from a situation down the road. The stock market is regulated to death, and attempts to have the perfect market, and thus information is available to all, and valuations are market driven. [...]
Category: Financial Analysis, Mortgages, Real Estate |
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Tags: Keating, McCain, Politics, Transparency