Mortgage Debt – Risk of Major Social Upheaval Likely if Bank Bonanza Continues – Huffingtonpost.com

Risk of Major Social Upheaval Likely if Bank Bonanza Continues – Huffingtonpost.com
State and local governments have been forced into draconian budget cuts, firing workers who are among the most reliable in making their mortgage payments — when they have jobs: firemen, policemen, teachers, civil servants. Yet the Obama

Moody’s downgrades MBIA senior debt rating – CNBC
NEW YORK – Moody’s Investors Service on Thursday downgraded the senior debt ratings of bond insurer MBIA Inc. due to its exposure to risky investments including residential mortgage-backed securities. The ratings agency cut the rating two notches to

Risk of Major Social Upheaval Likely if Bank Bonanza Continues – Huffingtonpost.com
State and local governments have been forced into draconian budget cuts, firing workers who are among the most reliable in making their mortgage payments — when they have jobs: firemen, policemen, teachers, civil servants. Yet the Obama

Moody’s downgrades MBIA senior debt rating – CNBC
NEW YORK – Moody’s Investors Service on Thursday downgraded the senior debt ratings of bond insurer MBIA Inc. due to its exposure to risky investments including residential mortgage-backed securities. The ratings agency cut the rating two notches to

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