Friday, May 4, 2007

Weigh in on the mortgage meltdown.

Even before my first cup of coffee this morning I am hearing about the downturn in real estate prices, the increase in default and foreclosure rates, the lenders shuffling to bailout problem accounts, and the government's attempt to change sub-prime lending practices. Whew! Did I mention the part about no coffee??

So I've had my two cups of coffee for the day, maybe I'll need to take a couple of Tylenol too, and I am thinking I haven't heard much from the consumers' perspective...