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The Crash of Middle Class Housing - II

Posted on Aug 22nd, 2007 by J.K. : Double 3 J.K.

In the first half of this year, home foreclosures are up by 41 percent.   Between now and 2009, two million families are expected to have the wrenching experience of losing their homes, as well as... More »

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J.K. : Double 3

The Crash of US Middle Class Housing

Posted on Aug 16th, 2007 by J.K. : Double 3 J.K.

Today, Countrywide borrowed $11.5 billion from 40 banks to fund new loans.   Fannie Mae said its profits were down 36%.  That I can count, the Federal Reserve has pumped $71 billion into our economy, and... More »

2 Comments views (230)  
J.K. : Double 3