HelpHelp About Us Contact Contact Us Help Help
Press Release Service
user name password
Client login:   
First time user sign up Forgot your login info?

Search
EmailWire News Links

Home > News By Company > Housing Predictor

Print e mail rss del
Y! myWeb


Will You Walk Away from Your Mortgage?

The real estate research firm that forecasted the economic crisis is asking the question that may shed light on the future of the U.S. economy.

(EMAILWIRE.COM, September 29, 2009 ) Destin, FL -- Has the manipulation of Wall Street traders and the development of new creative mortgages that have sent millions of homeowners into foreclosure changed attitudes? The real estate research firm that forecasted the economic crisis is asking the question that may shed light on the future of the U.S. economy. The new poll asks, “If your home’s value keeps falling will you walk away from your mortgage?”

Americans have always felt responsible to banks and mortgage companies that made them a loan to buy a home. But from Wall Street to Main Street there’s been a change in attitudes. Major changes are afoot in the way Americans feel about the U.S. banking system and their own financial well being.

Protesters have marched in Washington D.C. and at hundreds of other gatherings around the country in opposition to government actions, including bail-outs of big banks.

Wall Street traders developed new financial instruments to trade mortgage backed securities filling a record supply of home mortgages, and most people didn’t even know what was happening. The securities were made up of subprime mortgages and conventional loans. Nearly two years after the crisis reared its ugly head the same types of securities are being traded again on Wall Street.

The foreclosure epidemic has grown to become the nation’s worst financial disaster since the Great Depression as business failures rise and unemployment grows. Out-bursts against members of Congress at town hall meetings have become regular news as America deals with the worst economy in decades.

Housing Predictor forecasts more than 250 local housing markets and regularly surveys visitors on real estate related topics to gauge public opinion on important issues of the day. Take the Predictor Poll, check your market forecast and search foreclosures at http://www.housingpredictor.com

Contact Information:
Housing Predictor
Mike Colpitts
Tel: 8506221016
Email us
How to buy Penny Stocks
Learn the Skills, Make the Trades, Earn a Fortune! 100% Free to try.
Chartpoppers.com




Stop Being Fooled By "Penny Stock Picks"


Subscribe To The #1 Rated MicroCap Stock Newsletter.
MicroCapster.com

 




Analyst Penny Stock Picks


Visit StockSource.us for explosive stock picks, free stock research and trading tools
www.StockSource.us

Your text Ads here!
Ads are only $575 per month. Ads are placed same day. Contac Us

Emailwire.com/contact.php




Press release service and press release distribution on EmailWire.Com is a global newswire of GroupWeb Media LLC.

 

Search


Advertising | How to contact us | Privacy Statement | EmailWire Press Releases | Setup Co-Branding

© Copyright GroupWeb.com 2007