"How do we ever expect the housing market to improve when the very people we rely upon to buy homes - college grads and professionals - are already graduating with mortgage-sized debts that they can neither live in, nor use as intended in today's job market?"
Sound familiar? It's something I've been saying over and over for 3.5 years. Now, thanks to the excellent work of our friends at Young Invincibles, there's proof that what I've been saying all along is, disturbingly, true.
Please take the time to check out Young Invincibles' blog posting about their report, as well as their partnership with us for tomorrow's repeat Twitter-bomb event.
Stay tuned for more information concerning tomorrow's twitterbomb event!
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Such things might happen to any kind of creature.Even in a Bank,no matter how stable it is.There's definitely a correlation there.Wells Fargo is dealing with effects of wrongdoing related to the housing industry collapse of numerous years back, most recently with a mortgage scam suit brought by the federal government. The Wells Fargo mortgage fraud lawsuit alleges the bank of malfeasance in managing FHA loans for 10 years. Article resource: mortgage fraud