[quote=CA renter] . . . IMHO, we are going to see trillions of dollars in losses within the next 5-10 years, and the taxpayers will be 100% responsible for these losses, as opposed to the losses being borne by the private industry that took all the risks in the first place.[/quote]
CAR, I would like to study your prediction further when I get a little more time because I am also seeing several recent “refinancings” from “private $$” to “MERS.” This is a disturbing trend to me.