Last night 60 Minutes aired an episode entitled, The Mortgage Meltdown, Where’s The Bottom?, that revealed the mortgage mess that touched off the financial meltdown is far from over, with a second wave of expected defaults on the way that could deepen the bottom of this recession.

Alt-A and Option ARMs Next To Implode
As correspondent Scott Pelley reports, it turns out the abyss is deeper than most people think because there is a second mortgage shock heading for the economy. In the executive suites of Wall Street and Washington, you're beginning …

Worsening economic conditions will blindside many, but you do not have to be one of them if you follow a few critical recommendations including checking the safety rating of your bank (See below for details)
As the U.S. credit crises marches on, both residential and commercial borrowers are feeling the squeeze as bankers tighten up their lending belts leaving many without a lending solution and stifling their growth plans.
Mortgage Meltdown ContinuesIn the mortgage market, nearly half of all subprime loans issued in 2006 are now delinquent…late payments on mid-quality “Alt-A”mortgages …

Housing values could plunge another 43-percent through 2010 and what to do about it!
Dr. Robert Schiller, the same bestselling author and Stanford economist who called the tech stock bust back in  2001, recently analyzed 116 years of U.S. housing-data and “ain’t a pretty picture.”
Take a look at this chart showing what he discovered…

It's easy to think your house is worth more, just comparing the dollars you paid for it with the dollars other houses around you sell for today. But what happens when you account for how weak today's …

Earlier this month the International Monetary Fund said the worldwide losses resulting from the US subprime mortgage crisis could hit 945 billion dollars as the fallout spreads throughout the global economy.

The IMF report said that falling US housing prices and rising defaults of residential mortgages could lead to losses of 565 billion dollars.
That, combined with other categories of loans originated and securities issued in the United States related to commercial real estate, the consumer credit market and corporations “increases aggregate potential losses to about 945 billion dollars,” according to the …

Real estate investing courses - why picking a niche will make you more money - will help many beginning investors as well as those with some experience.
The more real estate investing education you have, the better you are able to obtain great financing for your project (which I am ready to help you do!)
This presentation will share with you three important reasons why you should pick an investing niche.
[youtube]http://www.youtube.com/watch?v=s6z4Fk-hfqM[/youtube]
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