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08-16-2009, 04:59 PM #1
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Guest Post: Frank Veneroso on Mortgage Armageddon
Sunday, August 16, 2009
Guest Post: Frank Veneroso on Mortgage Armageddon
Frank Veneroso was kind enough to write as a result of seeing a guest post "Debtor's Revolt?" by his colleague Marshall Auerback. Veneroso also provided his latest newsletter and gave us permission to post it. It it pretty long (12 pages), I extracted the executive summary and other key bits. Be sure to read the final section, starting with the boldface heading "Why Resolving The Mortgage Armageddon Problem Will Be So Difficult:."
From Frank Veneroso:
1. Deutsche Bank now predicts that 48% of all mortgaged American homeowners will be “under waterâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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08-16-2009, 05:01 PM #2
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Friday, August 14, 2009
Guest Post: Debtor's Revolt?
Submitted by Marshall Auerback, an investment manager who writes for New Deal 2.0.
In “The Holy Grail of Macroeconomicsâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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05-05-2024, 10:24 AM in illegal immigration News Stories & Reports