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mortgage Archive

  • The banks did not believe in the euro. Even the German Central Bank was against the euro. They could not speak out back then so there were people inside who were feeding us all the inside info to get it out. We published a lot back then and the commission even attended our conference in London in 1997.

    The Real Reason Inflation Unfolds

    The banks did not believe in the euro. Even the German Central Bank was against the euro. They could not speak out back then so there were people inside who were feeding us all the inside info to get it out. We published a lot back then and the commission even attended our conference in London in 1997.

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  • Sydney home prices fell for the second-consecutive month and recorded the worst quarter in four years as a regulatory crackdown pushed up mortgage rates and dented affordability amid record prices.

    Sydney Home Prices Have Biggest Quarterly Drop in Four Years

    Sydney home prices fell for the second-consecutive month and recorded the worst quarter in four years as a regulatory crackdown pushed up mortgage rates and dented affordability amid record prices.

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  • To see an almost similar repeat of the Savings and Loan crisis some 20 years ago represents nothing but greed based on stupidity and ignorance of subprime lenders.

    The SubPrime Debacle

    To see an almost similar repeat of the Savings and Loan crisis some 20 years ago represents nothing but greed based on stupidity and ignorance of subprime lenders.

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  • Michael Burry always saw the world differently—due, he believed, to the childhood loss of one eye. So when the 32-year-old investor spotted the huge bubble in the subprime-mortgage bond market, in 2004, then created a way to bet against it, he wasn’t surprised that no one understood what he was doing.

    Betting on the Blind Side

    Michael Burry always saw the world differently—due, he believed, to the childhood loss of one eye. So when the 32-year-old investor spotted the huge bubble in the subprime-mortgage bond market, in 2004, then created a way to bet against it, he wasn’t surprised that no one understood what he was doing.

    Continue Reading...