CAN WE RELY ON BANKS IN THE FUTURE???

So this morning, Renae Stucki Realtor was listening to the Marketplace morning report and heard this startling story about banks reporting record profits.  You can read about the piece on their website HERE.Bank profits are way up and lending is way down.  How can that be?  Well, if you remember the article we posted about…

ARE SUBPRIME MORTGAGES BACK?

Renae Stucki Realtor discovered an interesting story today on Marketplace.org.  Are Subprime mortgages coming back?????   I know exactly what you’re thinking!  These tricky mortgages helped create the huge housing bubble that caused the recession!  Why on earth would someone want to start them up again?   Well, this article explains the formation of a…