"A wave of lawsuits is beginning to wash over the troubled mortgage market and the rest of the financial world. Homeowners are suing mortgage lenders. Mortgage lenders are suing Wall Street banks. Wall Street banks are suing loan specialists. And investors are suing everyone."Well, I guess we won't have to worry about the attorney employment market, will we? The blame game is a nasty business - but a business nonetheless...
"Marty Ummel feels she paid too much for her house. So do millions of other people who bought at the peak of the housing boom. What makes Ms. Ummel different is that she is suing her agent, saying it was all his fault."
Tuesday, January 22, 2008
Edwards will certainly have plenty of work after her loses....
Who’s to blame for the sub-prime problem, and the downturn in the real estate market?
Labels:
economy
No comments:
Post a Comment