When will they ever learn? The Countryside Mortgage and the others are still pushing the sub-prime crap, they are just looking for people with a little bit more money to buy bigger houses. So the bubble will just blow bigger.
The house flippers are flopping like a porpoise out of the water. And now the collapse of the MBS, the 6-trillion dollar Mortgage Backed Security market, or at least a good portion of it, is the next thing on the menu.
Can you hear the bells Tolling, for Toll Brothers, and other construction companies, and they also own alot of land I hear.
Sunday, April 29
Real Estate Bubble Continues to Pop
Posted by Howiecopywriter at 5:03 AM
Labels: toll brothers countryside mortgage house mbs land construction
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