On Atomic Insights Blog, Rod Adams discusses energy supplies, energy technology, and energy politics from an atomic point of view. This blog is closely associated with Atomic Insights at www.atomicinsights.com.

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Were the Risky Mortgages all on Single Family Homes?

Posted on October 04, 2008

Again, I have an uncharacteristically off-topic comment/question for your consideration. In nearly every article I have read in the past couple of weeks, the lending/credit crisis in America has been blamed on home mortgages made under less than stringent lending rules and on complex financial instruments designed - ideally - to package those mortgages into bundles that would make them less risky. The story line goes that a large portion of home owners suddenly stopped paying their mortgages, some went into foreclosure and the bundled financial instruments quickly lost value as potential buyer...

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