When in Doubt, blame the Mexicans

Minorities behind all the defaults? Here's some facts that indicate otherwise. Facts. Actual reality. Read the comments for even better stuff. Really good. It is pointed out in the comments that studying the period before 2004 skews the data. The older loans are not in default nor are they on the insanely overpriced homes. I especially direct you to this comment by the respected Nouriel Roubini, Chairman of RGE Monitor and Professor of Economics at the NYU Stern School of Business who called every nuance of this debacle. And this debacle isn't even half over. And here's the link of links showing ...........

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