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Subprime Mortgages: State by State
money.cnn.com — Hover over each state to see the % of subprime in each.
- 30 diggs
- digg it
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The media is much too eager to call this a "subprime" mortgage problem. They're completely ignoring Alt-A mortgages and home equity lines of credit (HELOCs). Unfortunately, a lot of folks are gonna learn all about them the hard way.
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Don't discount the effect that spam has on the whole mess. Look at the crap in your inbox. Think about the poor souls that fall for it.
There are definitely winners and losers in this and its not what it might seem ...
http://digg.com/offbeat_news/Mortgage_Spam_and_the_Sub_Prime_Crisis_Bank_Robbery_or_Economic_Terrorism
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