FHA. Another bailout in the making?
I've recently starting following Peter Schiff's economic analysis after viewing some online videos from a few years ago where he prophetically predicted the economic turmoil we are currently experiencing. While being interviewed on the economy and making these predictions he was openly mocked by analysts that said the good times would keep rolling. Unfortunately, he was right back then, and now he's predicting a new financial disaster in the making, FHA loans.
Watch the video. I really can't say I disagree. Are we simply repackaging subprime, 100% financing loans?
Peter Schiff is President of Euro Pacific Capital, Austrian Economist and Candidate for US Senate in CT.
Andres Garcia
Sales Associate, CDPE
RE/MAX Gold Coast Realty
56 Newark Street
Hoboken, NJ 07030
Direct: 201 795-5200 x340
Andres@MileSquareRealty.com
http://www.MileSquareRealty.com
Watch the video. I really can't say I disagree. Are we simply repackaging subprime, 100% financing loans?
Peter Schiff is President of Euro Pacific Capital, Austrian Economist and Candidate for US Senate in CT.
Andres Garcia
Sales Associate, CDPE
RE/MAX Gold Coast Realty
56 Newark Street
Hoboken, NJ 07030
Direct: 201 795-5200 x340
Andres@MileSquareRealty.com
http://www.MileSquareRealty.com
Labels: Hoboken foreclosure, Hoboken Real Estate, Hudson county foreclosure, Hudson County real estate, Peter Shiff, Subprime mortgage
