Is there a second wave of mortgage defaults on the horizon?  According to the following “60 Minutes” report, not only is the answer YES, but it may be as big as the first one.
http://www.cbsnews.com/video/watch/?id=4668112n
The first wave of mortgage defaults was the sub prime meltdown.  Those were the loans given to borrowers with low credit scores [...]

 

CLAIM YOUR FREE BANDIT SIGNS - CLICK HERE

Obama’s new economic stimulus plan is in full affect and many short sale investors are wondering how this will change their business.   This ”American Recovery and Reinvestment Act of 2009″ was designed to stabilize the housing market and restore consumer confidence in homeownership.  That’s why they increased the tax credit for first-time homebuyers to $8,000 and [...]