Housing Market Sees Troubling Sign as Mortgage Lenders Fail
A real estate professor told Newsweek that there are "some similarities and stark differences" between what happened 15 years ago and what is happening today.
Source: newsweek.com
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Economic Predictions: Zombies in Bondage and Their Broken Banksters
The best uncensored news, information, and analysis.
Source: blacklistednews.com
U.S. mortgage lenders are starting to go broke
More of the business is now controlled by independent lenders, and with mortgage volumes plunging this year, many are struggling to stay afloat.
Source: nationalmortgagenews.com
US mortgage lenders are starting to go broke
Many of the so-called shadow lenders will emerge from this slowdown relatively unscathed. But some lenders have already stopped operating or scaled down dramatically.
Source: stripes.com
Private Mortgage Lender Bust Begins As Loan Applications Crash
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com