http://livingoffdividends.com/2008/06/11/mortgage-crisis-not-limited-to-subprime/ Join me on my journey to achieve financial independence through dividends, passive income and investments Tue, 16 Mar 2010 21:22:11 -0700 http://wordpress.org/?v=2.8.1 hourly 1 http://livingoffdividends.com/2008/06/11/mortgage-crisis-not-limited-to-subprime/comment-page-1/#comment-9428 Mark @ TheLocoMono Thu, 19 Jun 2008 17:08:39 +0000 http://livingoffdividends.com/?p=784#comment-9428 I knew it was going to happen, the question was whether it would happen sooner or later. It is not so much a matter of whether good credit scores have a good history of making payments, but whether they have a good financial management system in place. It will be interesting to see how this "new" trend affect the economy as whole. I knew it was going to happen, the question was whether it would happen sooner or later. It is not so much a matter of whether good credit scores have a good history of making payments, but whether they have a good financial management system in place. It will be interesting to see how this “new” trend affect the economy as whole.

]]> http://livingoffdividends.com/2008/06/11/mortgage-crisis-not-limited-to-subprime/comment-page-1/#comment-9125 Lulugal11 Thu, 12 Jun 2008 18:43:43 +0000 http://livingoffdividends.com/?p=784#comment-9125 I wonder if more banks are going to go the way of the realty companies because of this. I wonder if more banks are going to go the way of the realty companies because of this.

]]> http://livingoffdividends.com/2008/06/11/mortgage-crisis-not-limited-to-subprime/comment-page-1/#comment-9097 Hustle Strategy Thu, 12 Jun 2008 01:02:10 +0000 http://livingoffdividends.com/?p=784#comment-9097 You gotta know that if people can't get loans, they can't buy homes. Therefore the contractors/developers have houses just sitting. They are trying to flush them out by selling at cost, but that does not mean there are enough people there to buy them. Seems that banks are to tight now, they are going to be stepping on their own feet for a while. It is not over by any means. Some people are going to get hit and they do not even know it yet. You gotta know that if people can’t get loans, they can’t buy homes. Therefore the contractors/developers have houses just sitting. They are trying to flush them out by selling at cost, but that does not mean there are enough people there to buy them. Seems that banks are to tight now, they are going to be stepping on their own feet for a while. It is not over by any means. Some people are going to get hit and they do not even know it yet.

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