John Mauldin, a well-known financial writer and
consultant, has described the details of subprime loans in a series
of articles. Panic
of 2007 includes the basics of why the subprime problem
exists today.
Learn how lenders package and sell mortgages, and see how monthly
mortgage payments can skyrocket with certain subprime adjustable-rate
mortgages.
Related Articles:
American Home
Mortgage Stock Collapses - buyupside.com Warned Investors
Avoid Mortgage-Related
Stocks
Specialty Mortgage
Lenders Face Slowdown
Posted August 29, 2007.
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