RE:What is the total exposure to Subprime Lending?
by blue wrox on Aug 17, 2007 01:10 PM Permalink
americans only form of investment is homes.If that goes down so does the american economy.Its not possible to quantify the amount but real estate value would run to trillions.Its not possible to quantify because we dont know the extend of devaluation in property.If its a continous process the loss would be far more substantial than 100 billion.
RE:What is the total exposure to Subprime Lending?
by Vinodh on Aug 17, 2007 04:28 PM Permalink
I read a report which reported the sub-prime loss to be around $350 billion and the "coming-soon" ARM issue at around $1.3 trillion.