Will Home Equity Loans Be The Next Stage In The Credit Crisis?
At the heart of the credit crisis is the plunge in home prices. Even though many have proclaimed the crisis over, home prices have continued to plunge. As long as they do, the credit crisis is at risk to morph into other forms. Home equity loans now look like one of the next areas of vulnerability for the financial system.
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Commentaries — June 6, 2008
Will Home Equity Loans Be The Next Stage In The Credit Crisis? At the heart of the credit crisis is the plunge in home prices. Even though many have proclaimed the crisis over, home prices have continued to plunge. As long as they do, the credit crisis is at risk to morph into other forms.… Continue reading Untitled