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Here Comes The Next Crises: Mortgages to Default In Mass, "Biggest Wave Of Delinquencies In History"

Conscious Mind's
Conscious Mind's - 342 vistas
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342 vistas
Publicado en 05 Apr 2020 / En Cine y Animación

Unlike in the 2008 financial crisis when a glut of subprime debt, layered with trillions in CDOs and CDO squareds, sent home prices to stratospheric levels before everything crashed scarring an entire generation of homebuyers, this time the housing sector is facing a far more conventional problem: the sudden and unpredictable inability of mortgage borrowers to make their scheduled monthly payments as the entire economy grinds to a halt.

Learn More:
https://www.zerohedge.com/econ....omics/here-comes-nex

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