Bernanke: Bad credit? No prob!

Lots of people own houses but can’t afford them. So it would be better for our society if the homeownership rate were lower. Is that an unreasonable conclusion?

More: continued here

We suggest you to read about:

• Michigan Foreclosure Listings
• There are Strong Cheers for Housing Initiatives taken by the Government
• HUD Homes Best for Those who Cannot Afford Traditional Market Real Estate Rates
• 5 Mortgage Tips for People with Bad Credit
• Formula for foreclosure: resets, no equity