All posts tagged "adjustable rate mortgages"
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Michael Burry Exposes the Incompetence of Alan Greenspan
It is at the same time laughable and galling that Alan Greenspan insists that no one saw the housing market as a bubble in 2004-2007. One who did, Michael Burry, comments on how he, along with many...
- Posted April 5, 2010
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More Foreclosures Coming
From Gary Shilling via John Mauldin: “But it will take longer than you might think for that negative influence to decrease. Let’s take a look at the following table. This shows the amount of adjustable rate mortgages...
- Posted August 4, 2007