Subprime Collapse: A Simple Guide

January 2, 2008 · Filed Under Real Estate · Comment

"Starting from a virtual standstill 10 years ago, subprime lenders became by far the fastest-growing segment of mortgage lending. They wrote US$540 billion in mortgages by 2004 and US$625 billion at their peak in 2006 - roughly one-quarter of all new mortgages." — John Pugsley. Blogger's note: Our friend John Pugsley at The Sovereign Society [...]

Tags: 18% inflation, alan greenspan, inflation, john pugsley, paul volcker, Real Estate, real estate investment, sovereign society, sub-prime, sub-prime collapse, subprime, subprime collapse, subprime fallout, the fed

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Subprime Collapse: A Simple Guide

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