World Wide Recession Caused By The Mortgage Melt-down.

Real Estate & Mortgage 6 – Foreclosure Meltdown Fraud and Scams Dec08 – Recession & Inflation Part 6 (Excerpt) World wide recession caused by the mortgage melt-down. Is inflation far behind? What their ratings were based on was simply that nobody thought real estate would go down again. They were just going to keep going up forever, doesn’t really matter if you call it AAA or BBB. Isn’t going to matter if the note never get’s called. We certainly saw that for years in the mortgage industry. We would refinances somebody and a couple of years later they would call

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