Housing
Saturday May 10
Mortgage Credit Losses Could Total $500 Bln: Goldman
“If anything, they may come under pressure to ease further, though at present this is not our base case.”
Goldman Sachs economists expect a total of $500 billion in residential mortgage credit losses, a renewed slowdown in economic activity after the near-term boost from fiscal stimulus, and no monetary policy ... via BNET
Posted by roboblogger
Full Story: BNET
Complete Coverage: 2 stories
- MSN Money - Mortgage credit losses could total $500 bln: Goldman
- The Courier Mail - Mortgage losses could hit $531bn
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