Question?
I know on another thread you talked about “refinancing” and changing from a non-recourse to a recourse loan, and most said that wouldn’t be affected in the “freeze.”
Mr. Paulson used the term “refinance” many times in his speech. Do you think this was an error, or do you think the the FB’s will be even more F’d when their loan changes to a recourse loan, after they “refinance” into this fixed rate?
Just wondering.
