Robert Lenzner: US Banks Report Phantom Income on $1.4 Trillion Delinquent Mortgages

Robert Lenzner: US Banks Report Phantom Income on $1.4 Trillion Delinquent Mortgages
The giant US banks have been bailed out again from huge potential writeoffs by loosey-goosey accounting accepted by the accounting profession and the regulators….
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Try a Phantom Mortgage to Trial Run the Expense of Home Ownership [Personal Finance]

Try a Phantom Mortgage to Trial Run the Expense of Home Ownership [Personal Finance]
# personalfinance Home ownership is a completely different affair than renting and is more expensive than you initially imagine. Set up a phantom expense account to determine if you’re ready for the transition. More »
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