Toby Bozzuto says "That being said, it is a tale of two cities. In the middle income and the lower income markets, people are spending proportionally more on their rent — so much so I believe there's an acute crisis headed our way."
All tagged Fannie Mae
Meet the New Nonprime, Same as the Old Subprime
there's nothing shady or menacing about the business of subprime. On the contrary, they say, specialist lenders in this area are performing a vital service for the world's largest economy
Trading Bad Paper Helps Underwater Homeowners
In the short term Gov’t Sachs is looking to satisfy its debt to society, but in the long run they think they can make some money at this.