Mr. Mortgage Is Back

In a new home, and shock, horror, etc., he's got a dour prediction for non-subprime real estate.

Money quote (emphasis his):

One thing is for sure, there is a pig the size of Godzilla in the python right now that has worked its way to the lower intestine.

While that might sound good to some of us, others might want to hunker down and avoid the proverbial fan when all this hits. End of this year, he thinks. Ish...