Destin, FL – March 22, 2011 – (RealEstateRama) — Nearly three years after the financial crisis erupted on Wall Street, in an over-whelming show of support a new opinion poll shows that Americans want those responsible for sending the U.S. economy into a tail-spin prosecuted by federal authorities.
The finding was determined through the latest Housing Predictor poll, which surveyed visitors over Wall Street bankers actions related to the near freeze of the U.S. economy. Bankers on Wall Street halted trading derivatives and mortgage backed securities in mass as investors became nervous over the excess number of units traded in the years leading up to the financial crisis.
Visit Housing Predictor for details on the poll, which regularly surveys visitors on important issues related to the real estate market.
Federal investigators, including those from the Securities and Exchange Commission (SEC) have yet to bring charges against any Wall Street bankers or traders that have resulted in convictions. More than 1,200 mortgage brokers, real estate agents and home buyers have been charged with mortgage fraud violations, however, outside of Wall Street.
Historically housing leads the U.S. economy out of economic recessions. Housing Predictor tracks more than 230 local housing markets in all 50 U.S. states, forecasts markets across the country and keeps visitors up to date on real estate news and mortgage rates