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Real Estate Woes: Subprime Mortgages Are a Ticking Timebomb

The Best Mortgatge Sources
The Best Mortgatge Sources The Best Mortgatge Sources
The Best Mortgatge Sources

Center for American Progress Senior Fellow Dr Christian Weller appeared on CNBC to discuss subprime mortgages and how consumers can protect themselves. For more on subprime mortgages and foreclosure rates please see: http://www.americanprogress.or... What if 40 hours a week were enough? www.AMERICANPROGRESS.org

Channel: News & Politics
Uploaded: March 27, 2007 at 9:08 pm
Author: seeprogress

Length: 04:20
Rating: 4.63
Views: 10240

Tags: credit  debt  economy  estate  financial  foreclosure  house  market  mortgage  real  realtor  rent  sale  subprime  

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clpsw7 (April 13, 2008 at 1:31 am)
The savings habits of this country suck. Credit cards are like dope once your hooked try to get off when Bush and his big corporation butt buddies are sending all the jobs overseas.But then look at the government and how they have managed money with Bush and the congress spending it like crazy on another unnecessary war which only benefits the large corporations. Makes you sick. We're so fucked.
lopoex (January 15, 2008 at 3:07 am)
Freakin' chip board and knock on walls--it's HALLOW.And the price the're asking.IF enough people will say--we're NOT buying this junk for this PRICE.Then they will adjust their RIGHT PRICE.But.bec there's too many succers.need i say more!
Dionysius9 (November 22, 2007 at 6:54 pm)
In debt? Suffering a foreclosure? Work too hard not making ends meet and still wondering why? Discover the secrets why the rich get richer but the rest of us work like slaves. See google video "Money as Debt".
JackNeedles (November 2, 2007 at 9:38 am)
It's not just people getting loans they will never repay. We have a weak dollar and the whole economy is going to collapse.
jackiebaron (October 24, 2007 at 11:01 pm)
Funny how the wankers on Wall Street are all for deregulation when it allows them to game the system but when things go tits up as a result of their scams they're the first to cry for governmental intervention to save their gutless asses. Lending restrictions exist for a reason.
aggiornati (October 1, 2007 at 4:47 am)
Stop the banks from throwing mortgages and credit cards at people. And stop stupid people from getting loans they know they can never repay. This epidemic of greed and irresponsibility has got to stop.
nesnman (September 28, 2007 at 1:48 pm)
People are buying homes they can't afford. End of story.
TYX91101 (September 8, 2007 at 7:23 pm)
Who loaned them the money? By the way, employment was down in August for the first time in four years - Countrywide announced 10000 layoffs... after the market closed of course. Get the picture?
lenderwatch (August 26, 2007 at 8:48 pm)
Subprime BORROWERS are the ticking time bomb. PAY YOUR PAYMENTS PEOPLE!!!!
valhala56 (August 18, 2007 at 9:33 am)
Think Rome, the fall of the Roman empire.

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