By Patrick Wood, Editor
There is growing evidence that the big banks are cloaking bad debts again. The financial crisis was sparked originally by hiding true asset values underlying residential mortgage pools that were sold to investors worldwide. This time its commercial loans that are lurking in Read the full story
By Patrick Wood, Editor
One in eight U.S. homeowners are in foreclosure proceedings or are seriously late on mortgages and about to enter foreclosure. If you picture your neighborhood, say 48 homes, what would it mean to your home price if six of those were turned over Read the full story
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