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NicMM.
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May 8, 2008 at 11:17 AM #201437May 8, 2008 at 1:04 PM #201348
Daniel
ParticipantContraman,
If you’re working with lenders to restructure troubled loans, I don’t think anybody here has a problem with you. As long as both borrower and lender end up being better off, then that’s what they should do.
Speaking for myself, I’m not in the market for a mortgage, and likely won’t be for awhile. But I’m really keen to know about the amount of distress in the higher-priced areas (and I think many others here feel the same). So far, NOD and NOT activity has been pretty subdued in these areas, but there are reasons to believe that there are some time bombs about to go off. I imagine that people like you and HLS would be the first to notice signs of distress, as folks would come to you to try to refinance before they go NOD.
May 8, 2008 at 1:04 PM #201393ParticipantContraman,
If you’re working with lenders to restructure troubled loans, I don’t think anybody here has a problem with you. As long as both borrower and lender end up being better off, then that’s what they should do.
Speaking for myself, I’m not in the market for a mortgage, and likely won’t be for awhile. But I’m really keen to know about the amount of distress in the higher-priced areas (and I think many others here feel the same). So far, NOD and NOT activity has been pretty subdued in these areas, but there are reasons to believe that there are some time bombs about to go off. I imagine that people like you and HLS would be the first to notice signs of distress, as folks would come to you to try to refinance before they go NOD.
May 8, 2008 at 1:04 PM #201420ParticipantContraman,
If you’re working with lenders to restructure troubled loans, I don’t think anybody here has a problem with you. As long as both borrower and lender end up being better off, then that’s what they should do.
Speaking for myself, I’m not in the market for a mortgage, and likely won’t be for awhile. But I’m really keen to know about the amount of distress in the higher-priced areas (and I think many others here feel the same). So far, NOD and NOT activity has been pretty subdued in these areas, but there are reasons to believe that there are some time bombs about to go off. I imagine that people like you and HLS would be the first to notice signs of distress, as folks would come to you to try to refinance before they go NOD.
May 8, 2008 at 1:04 PM #201445ParticipantContraman,
If you’re working with lenders to restructure troubled loans, I don’t think anybody here has a problem with you. As long as both borrower and lender end up being better off, then that’s what they should do.
Speaking for myself, I’m not in the market for a mortgage, and likely won’t be for awhile. But I’m really keen to know about the amount of distress in the higher-priced areas (and I think many others here feel the same). So far, NOD and NOT activity has been pretty subdued in these areas, but there are reasons to believe that there are some time bombs about to go off. I imagine that people like you and HLS would be the first to notice signs of distress, as folks would come to you to try to refinance before they go NOD.
May 8, 2008 at 1:04 PM #201482ParticipantContraman,
If you’re working with lenders to restructure troubled loans, I don’t think anybody here has a problem with you. As long as both borrower and lender end up being better off, then that’s what they should do.
Speaking for myself, I’m not in the market for a mortgage, and likely won’t be for awhile. But I’m really keen to know about the amount of distress in the higher-priced areas (and I think many others here feel the same). So far, NOD and NOT activity has been pretty subdued in these areas, but there are reasons to believe that there are some time bombs about to go off. I imagine that people like you and HLS would be the first to notice signs of distress, as folks would come to you to try to refinance before they go NOD.
May 8, 2008 at 1:13 PM #201353roughtrader
ParticipantWhy do you feel the need to help these people? If you’ve been on this message board for a while, you would have noticed that the overwhelming sentiment here is a desire to see prices GO DOWN.
Keeping people in their homes by principal reductions / workouts doesn’t help the market correct itself.
Anyway, it doesn’t really matter. It just smelled like spam; I call it as I see it.
roughtrader
May 8, 2008 at 1:13 PM #201398ParticipantWhy do you feel the need to help these people? If you’ve been on this message board for a while, you would have noticed that the overwhelming sentiment here is a desire to see prices GO DOWN.
Keeping people in their homes by principal reductions / workouts doesn’t help the market correct itself.
Anyway, it doesn’t really matter. It just smelled like spam; I call it as I see it.
roughtrader
May 8, 2008 at 1:13 PM #201425ParticipantWhy do you feel the need to help these people? If you’ve been on this message board for a while, you would have noticed that the overwhelming sentiment here is a desire to see prices GO DOWN.
Keeping people in their homes by principal reductions / workouts doesn’t help the market correct itself.
Anyway, it doesn’t really matter. It just smelled like spam; I call it as I see it.
roughtrader
May 8, 2008 at 1:13 PM #201450ParticipantWhy do you feel the need to help these people? If you’ve been on this message board for a while, you would have noticed that the overwhelming sentiment here is a desire to see prices GO DOWN.
Keeping people in their homes by principal reductions / workouts doesn’t help the market correct itself.
Anyway, it doesn’t really matter. It just smelled like spam; I call it as I see it.
roughtrader
May 8, 2008 at 1:13 PM #201487ParticipantWhy do you feel the need to help these people? If you’ve been on this message board for a while, you would have noticed that the overwhelming sentiment here is a desire to see prices GO DOWN.
Keeping people in their homes by principal reductions / workouts doesn’t help the market correct itself.
Anyway, it doesn’t really matter. It just smelled like spam; I call it as I see it.
roughtrader
May 8, 2008 at 1:13 PM #201358ParticipantOne comment though, Contraman: I just checked out your website, and, ummm… you know… the correct spelling is “homeowners”, not “homeowner’s”. You might want to fix that.
May 8, 2008 at 1:13 PM #201404ParticipantOne comment though, Contraman: I just checked out your website, and, ummm… you know… the correct spelling is “homeowners”, not “homeowner’s”. You might want to fix that.
May 8, 2008 at 1:13 PM #201430ParticipantOne comment though, Contraman: I just checked out your website, and, ummm… you know… the correct spelling is “homeowners”, not “homeowner’s”. You might want to fix that.
May 8, 2008 at 1:13 PM #201455ParticipantOne comment though, Contraman: I just checked out your website, and, ummm… you know… the correct spelling is “homeowners”, not “homeowner’s”. You might want to fix that.
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