mortgage crisis

While many try to convince themselves that the mortgage crisis is nearing an end, there is evidence to suggest that the worst is yet to come. While sub-prime mortgage defaults may be on the decline, other types of mortgages are just beginning to default. How will we know when we've hit the bottom?

While the sub-prime mortgage crisis may be nearing an end, it may be overly optimistic to think that the mortgage crisis as a whole is over. Many indicators indicate that sub-prime was just the first wave of a dramatically more perilous mortgage crisis.