I'd venture to say this should get more attention than it does. Real estate was local. Glass-steagal (sp?) changed who is valuing the property and from where. Putting pressure on home values based on skewed national or…
I think it's also worth mentioning that these local banks are still bundling and selling mortgages as securities,therefore removing the risk of long term price and payment instability. I find it odd that no one has even…
I'd venture to say this should get more attention than it does. Real estate was local. Glass-steagal (sp?) changed who is valuing the property and from where. Putting pressure on home values based on skewed national or…
I think it's also worth mentioning that these local banks are still bundling and selling mortgages as securities,therefore removing the risk of long term price and payment instability. I find it odd that no one has even…