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Subprime mortgage market contained »

Posted by: Deidre 2 years, 9 months ago

Federal Reserve Bank of Dallas President Richard Fisher said damage from the U.S. subprime mortgage market is mostly contained and central bankers are trying to ``tread very carefully'' in response.

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Deidre

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Comments: 2
  • Avg rating: (+0/-0 0)jesturific
    jesturific
    April 29, 2007, 9:40 a.m.

    This stuff is so scary. Part of me wants to believe that if there is an economic collapse in the housing sector, this will be the reason. I've lived in the UK, and people just aren't so risky about loans. Here's a great resource if you're from there or want to see how things work on the other side of the pond: http://lendclear.co.uk

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