A One Page Explanation of the Subprime Mess

This is a great one page explanation of the Sub Prime Mess. Something else to stick on the wall to remind you of the mess we are in and motivate you to find ways to protect your nest egg in retirement..

Who actually owns your mortgage if you have one, may be a good question to ask? If you are having problems with payments who do you talk to when you don’t know who owns your mortgage?

A Spectators Guide to the great Subprime Mortgage Debacle

This is not my post for the day, just something I thought would be of great interest to Baby Boomers.

It looks like the USA government will bail out Fanny Mae and Freddie Mac or nationalize them. So expect increased taxes to eat more into your nest eggs over the coming months.

One Response to “A One Page Explanation of the Subprime Mess”

  1. […] A One Page Explanation of the Subprime Mess Technorati Tags: sub prime loans,austrailan councils and sub prime […]

Leave a Reply

CommentLuv badge