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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: John Vosilla who wrote (51771)1/27/2006 4:40:12 PM
From: GraceZ  Read Replies (1) of 110194
 
Making money doesn't make people more responsible about how they spend it or make them plan for the worst case scenarios they might have to face.

The three primary events that precipitate a mortgage default are:

1. divorce
2. job loss
3. medical emergency

Any of these things can happen to anyone regardless of what the economy is doing.
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