Tag Archive for Mortgage Debt

Shiller Goes Off The Deep End- Wants to condemn millions of US guaranteed mortgages from the bankster mafia

Robert Shiller has finally gone off the deep end. He wants to condemn millions of US guaranteed mortgages from the bankster mafia. Shiller: My colleague Karl Case and I showed in 1996 that when the value of a home falls below the value of the mortgage debt — when it is underwater — a person…

Adler Comments on St. Louis Fed’s Bulltard’s U.S. Monetary Policy, Housing Bubble Views

I have annotated the press release’s key comments including the bold highlighting of certain sections. Press Release- Federal Reserve Bank of St. Louis ST. LOUIS – Federal Reserve Bank of St. Louis President James Bulltard discussed “The Aftermath of the Housing Bubble” on Tuesday during an event jointly hosted by the Bipartisan Policy Center’s Housing…