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All Posts Tagged With: "wave"

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Another Big Wave of Foreclosures

“Rising unemployment and a new variety of mortgage resets continued to gradually shift the nation’s foreclosure epicenters in the third quarter away from the hot spots of the last two years…

November 11th, 2009 | Bill Bonner | 13 comments | Continued
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New Default Wave Hits Mortgage Industry

Imagine how disappointed lenders will be when these loans default. And then, imagine how American investors will feel when a new wave of mortgage defaults and foreclosures is hits the commercial property market.

October 5th, 2009 | Bill Bonner | 11 comments | Continued
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