Being kept secret is the fact that a lot of these sub-prime loans were made to illegal aliens at high interest rates, as high as 10%. No one wants to admit it because it will threaten the Bush/Democrat/RINO/Chamber of Commerce/Wall St Journal/AFL-CIO push for amnesty for these people.
Once they are amnestied, their loans can be restructured, so all the elites are holding on and covering up the illegal loans waiting for a better day.
Sell your stocks.
Buy a house cheap next year.
Hmm...loan to people who are currently off the radar screen. Interesting info.