Hard NOT to get emotional during such discussions. I like it ! Its kinda sassy ! Heated conversations are great. You get to find out who the real believers are and why. I am interested in everyones opinion on investment, unlike religion.
PowaySeller has some great analysis and a very sharp mind. Love her or hate her, she is one of my favorite posters here.
As far as the 1.46 million loans at risk…they are at RISK, …maybe none will default, maybe ALL will default. Its like bad credit, once you get it you get to go to the back of a long, ugly line. Doesnt matter how you got there in the lenders eyes, the only thing that matters is you are in THAT line. 1.46 million people are in a potentially similar line, like it or not they are the holders of questionable loans. They got into those loans for some reason, the same reasons are also why those loans are risky. They have a track record on non payment on some level.
