Mortgage - Free Calculators » Blog Archive » Subprime Fallout Will Cost U.S. Billions

Posted by admin on October 26th, 2007

Subprime Fallout Will Cost U.S. Billions

There were some pretty scary statistics swirling around Capitol Hill on Thursday as the Joint Economic Committee (JEC) released a report attaching dollar figures to the impact of the subprime mortgage fallout.

The report, entitled "The Subprime Lending Crisis: The Economic Impact on Wealth, Property Values and Tax Revenues, and How We Got There" estimates that...

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Subprime Fallout Will Cost U.S. Billions

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