Auto Loan Affordability Tanks, and Delinquencies at Three-Decade High

Subprime is securitized into ABS derivatives that’s reminiscent of mortgage-backed securities that were responsible for the Great Financial Crisis.

Bubble, Bubble, Housing Market Toil and Trouble: Capitulation

Buyer sentiment and data points appear to have entered a phase that mirrors the Great Financial Crisis housing bust to boom cycle, or worse.

New Car Sales Plunge as Affordability Tanks and Repos Spike

Deteriorating supply vs. demand in the auto industry and warnings about indebted plebes with car loans slated for the delinquent parking lot.

Bubblicious Housing – Having the Brains to Walk When It’s Time to Walk

Just over a decade following the real estate housing bubble bust across the nation, the market is experiencing another boom, as the folly of Wall Street and Washington never changes, it just shifts in appearance like a chameleon. Case in point is the subprime loan now called a “non-prime,” with soaring demand. The current run-up in … Continue reading Bubblicious Housing – Having the Brains to Walk When It’s Time to Walk →