Entries Tagged as 'Sub-prime crisis'

The value of X

March 27th, 2008 · No Comments

Taken out a home equity loan recently? The banks are making sure you’ll pay it back:
As the housing market spirals downward, home equity loans, which turn home sweet home into cash sweet cash, are becoming the next flash point in the mortgage crisis.
Americans owe a staggering $1.1 trillion on home equity loans — and banks […]

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Tags: Sub-prime crisis · Economy