Shiller on Pricing Index and Morgages Underwater
By guruek. On Friday, WSJ reported that one in four borrowers is underwater:The proportion of U.S. homeowners who owe more on their mortgages than the properties are worth has swelled to ab...
Guru Focus,
Fri Nov 27 08:12:33 PST 2009
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The banks were challenged on the wrong legal grounds. Unfortunately they should be challenged on the "penalty" laws. The charges were clearly not a reasonable pre-estimate of the banks' cos...
Evening Standard,
Wed Nov 25 02:14:46 PST 2009
• Found on Yahoo! News
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