CDOs: How Self-Dealing Banks Destroyed the Economy
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Leasing Lifestyle- When Wall Street Is Your Landlord
- Blackstone Seeks $18 Billion for Biggest Real Estate Fund
- Welcome to Leasing Lifestyle – American Dream to American Nightmare
- Invitation Homes: Family Displaced for a Week After Home Yellow Tagged as Unsafe
- Rental Glut Sends Chill Through the Hottest U.S. Housing Markets
- Big Wall Street Landlords Are Being Sued By Tenants
- Fannie-Freddie Scraps Program for Single Family Rental Home Investors
- Heatwave: US Foreclosures Rise For First Time In 36 Months
- Invitation Homes: Families Share Horror Stories of One of Arizona’s Largest Landlords
- U.S. Pursues One of the Biggest Mortgage-Fraud Probes Since the Financial Crisis
I think the issue of CREDIT DEFAULT SWAPS needs to be addressed as one of the major drivers of demand.
These banks would not have been willing to buy more cdos, mbs or anything had they not been able to start buying CDS as form of hedge against complete financial meltdown. They were gambling with the economy knowing either way they were going to make out ahead. The bailouts paid directly to the liks of Citi and Goldman, then indirectly through AIG bailout. The demdan would have dropped off as it did in other over heated real estate markets before complete implotion if it was not for CDS
GREAT JOB 4CLOSURE FRAUD!!! WE CAN’T STOP RAGING AGAINST THE MACHINE. I THINK IT IS WORKING. GOD BLESS AMERICA!!!!