Archive for October, 2007

How Did This Happen??

Wednesday, October 31st, 2007

The current mortgage crisis did not begin when the subprime lenders began to announce that they were facing financial difficulties due to a surge in defaults. It didn’t begin when Greenspan was discussing the housing market ‘conundrum’. It wasn’t caused by the real estate ‘bubble’ popping. It wasn’t terrorists, the war in Iraq, inflation or [...]

Clearing Up the Credit Crisis

Saturday, October 27th, 2007

For the last several months, I have been talking with a number of consultants, industry experts, legislators, regulatory agencies and members of Congress about the current credit crisis.  With the hope of providing you with a better understanding of the crisis, how it’s progressing, how it could affect you and resources that are available to [...]