Saturday, December 15, 2007

Mortgage Crisis

Mortgage Crisis. Please read the following article if interested in how the U.S. Federal Reserve is getting involved in wiping out fraud in the mortgage subprime industry.

http://biz.yahoo.com/ap/071215/fed_mortgage_crisis.html

I was very grateful to read this article. I also wrote and article recently called:
Subprime Debacle Traps even the Very Credit Worthy.

It is about time somebody from the U.S. Federal Government steps in and gets control of this before it takes down the free world's economies in a series of previously uncontrolled vicious cycles.

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