Tag Archives: mortgage payments

Many U.S. Families Are Underwater with Debts

By Guest PostMay 11, 2012Economydebt deflation theory, great recession, home mortgages, liquid assets, mortgage payments

ANN ARBOR, Mich.— As the country emerges from the Great Recession, a substantial number of U.S. families are underwater—and not just with their mortgages. (more…)

Subprimes Were Not The Culprit In Most Mortgage Meltdowns

By Guest PostOctober 23, 2010Economyforeclosure crisis, income dynamics, mortgage, mortgage loans, mortgage payments, subprime mortgages

ANN ARBOR, Mich. — Subprime mortgages were not the main reason behind the housing crisis that started in 2009 and continues to bedevil the faltering U.S. economy, according to a University of Michigan study. (more…)