Dont Worry, Be Happy! ONLY 7 to 8% of our loans are Bad. Are these Loans in your Pension Fund?
Once again the powers are working hard to make everything look fine. Read this article and see how things can be twisted around. Is the glass half full or half empty? Because of the greed in business no one wants to acknowledge the serious problem we are starting to face with all of the loans that were originated to anyone who could sign their name on the dotted line. Because of not using restraint on Lending guidelines the banking Industry and probably many Pension plans and others will have heavy losses. Does your pension plan buy mortgage securities? Check them out and see if they are paying a higher than normal yield. If they are, they are no doubt sub-prime loans that will have a high default ratio. If you are a future home owner do not get caught in the trap of sub-prime loans. Follow our information shown on the site and avoid problems that could endanger your future financial health. www.rateinformer.com

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