It’s been eight years since the sub-prime mortgage shutdown in 2007. Overall, the market seems to be doing fairly well, and while the U.S. economy may still not be firing on all cylinders, it’s certainly pointed in the right direction. But this belies a dirty little secret: the mortgage industry is still backed by the tax payer. There has been no meaningful injection of capital from private markets back into mortgages, and while Fannie Mae and Freddie Mac paid back the treasury department (i.e., us, the taxpayers) a little over a year ago, they’re currently sitting on precious little capital to back any losses on the $5 trillion on their balance sheets.
"Story Time" Newsletters
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Ranging from easy to advanced, dirt to paved, flat roads to steep grades, there are bike trails to match the riding experience you're looking for.
- PIONEERING WOMEN OF BOULDER, CO
Ranging from easy to advanced, dirt to paved, flat roads to steep grades, there are bike trails to match the riding experience you're looking for.
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Ranging from easy to advanced, dirt to paved, flat roads to steep grades, there are bike trails to match the riding experience you're looking for.
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- Celebrate Colorado Peaches and their History at these 3 Festivals!
THERE'S A LONG HISTORY of wineries in Colorado. Grape vines found their way into Colorado by way of European settlers who had come to work the mines in Pueblo and Canon City during the Colorado gold rush over a century ago.
- Colorado Wine – Rooted in History
THERE'S A LONG HISTORY of wineries in Colorado. Grape vines found their way into Colorado by way of European settlers who had come to work the mines in Pueblo and Canon City during the Colorado gold rush over a century ago.