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Radical Transparency for the Mortgage and Real Estate Industries
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Infectious Hyperbole in The Mortgage Industry

Started by JeffX · 1 year ago

Market bubbles and depressions tend to be more social phenomenon than rooted in fact.

Credit Crunch, Mortgage Meltdown, Sub-Prime Crisis, Alt-A Debacle, Housing Doom, Bursting Bubbles…the cliches are as creative as the financing options that used to permeate the marketplace. But what are the real numbers behind such doomsday hyperbole?<br ... Continue reading »

1 comment

  • It is all about psychology. People have a tendency to believe, what it is said to them as long as it is done by popular way.
    If McDonald claun starts appearing on TV in the middle of a football game, long enough to get attention and starts telling the audience, that it is good idea to jump into fireplace, most people will do so happily a realize the mistake long after they are carried to hospital. The sad thing is, they will do it again, right after they recover and get released..
    Just an expression...

    As always, right on the money post, mr. XBroker

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