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  • Will You Add? - Housing Slump Continues Due to Failed Subprime Mortgages

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    The U.S. housing market is still in trouble, due mainly to failed subprime mortgage practices. Recent home sales reports show a modest increase, however the increase is considered by many analysts to be half of what they were expecting.

    Analysts believe the major contributor to the housing slump is the increase in mortgage foreclosures, or more specifically subprime mortgage foreclosures.

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    Analysts believe the major contributor to the housing slump is the increase in mortgage foreclosures, or more specifically subprime mortgage foreclosures.

    Over the

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    Analysts believe the major contributor to the housing slump is the increase in mortgage foreclosures, or more specifically subprime mortgage foreclosures.

    Over the

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    sts believe the major contributor to the housing slump is the increase in mortgage foreclosures, or more specifically subprime mortgage foreclosures.

    Over the

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    foreclosures, or more specifically subprime mortgage foreclosures.

    Over the past several years, many subprime home mortgage institutions were offering home mortgages to individuals who should never have received them. The homeowners receiving them did not meet traditional basic financial home mortgage standards. However, as with any sector boom, there are always folks out there looking for a quick buck. U

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