This is what CBS news Says about our mortgage crisis and it’s future!

will the problems fix themselves magically?

will banks be nice and fix your problems?

are they in it to help you? or to help themselves?

when was the last time government fixed all your issues?

are you a victim of option arms? or Alt-A( loans that are stated income with good credit score)

this is where the real crisis will begin as most people are stuck with these mortgages and will be foreclosed due to banks unwillingness to take losses on all mortgages to limit the market spiral down and homelessness that will occur in 2009 and 2010.


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