71% not paying full interest

[kewp]

Oh yeah, the pay-option-arm resets are out till 2012.

I lost my official ‘housing bust to baseball’ conversion ration chart, but we are nowhere near the seventh inning. Maybe second inning tops.

[SD Realtor]

Unfortunately, as a would-be buyer, I do agree with the assessment. Unfortunately translating that to living in a rental for that many years doesn’t compute to well for me but I do agree with the analysis.

SD Realtor

[SD Realtor]

Unfortunately, as a would-be buyer, I do agree with the assessment. Unfortunately translating that to living in a rental for that many years doesn’t compute to well for me but I do agree with the analysis.

SD Realtor

[SD Realtor]

Unfortunately, as a would-be buyer, I do agree with the assessment. Unfortunately translating that to living in a rental for that many years doesn’t compute to well for me but I do agree with the analysis.

SD Realtor

[SD Realtor]

Unfortunately, as a would-be buyer, I do agree with the assessment. Unfortunately translating that to living in a rental for that many years doesn’t compute to well for me but I do agree with the analysis.

SD Realtor

[SD Realtor]

Unfortunately, as a would-be buyer, I do agree with the assessment. Unfortunately translating that to living in a rental for that many years doesn’t compute to well for me but I do agree with the analysis.

SD Realtor

[Anonymous]

These are not subprime

JPINPB, most of these pay option ARMs went to people with high FICO scores that wanted “Options”. Angel Mozilo was quite clear only a year ago that Countrywide did not partake in the market that New Century played in. I wish they would stop calling this a subprime crisis and start calling into a speculator and fraud crisis.

[Anonymous]

These are not subprime

JPINPB, most of these pay option ARMs went to people with high FICO scores that wanted “Options”. Angel Mozilo was quite clear only a year ago that Countrywide did not partake in the market that New Century played in. I wish they would stop calling this a subprime crisis and start calling into a speculator and fraud crisis.

[Anonymous]

These are not subprime

JPINPB, most of these pay option ARMs went to people with high FICO scores that wanted “Options”. Angel Mozilo was quite clear only a year ago that Countrywide did not partake in the market that New Century played in. I wish they would stop calling this a subprime crisis and start calling into a speculator and fraud crisis.

[Anonymous]

These are not subprime

JPINPB, most of these pay option ARMs went to people with high FICO scores that wanted “Options”. Angel Mozilo was quite clear only a year ago that Countrywide did not partake in the market that New Century played in. I wish they would stop calling this a subprime crisis and start calling into a speculator and fraud crisis.

[Anonymous]

These are not subprime

JPINPB, most of these pay option ARMs went to people with high FICO scores that wanted “Options”. Angel Mozilo was quite clear only a year ago that Countrywide did not partake in the market that New Century played in. I wish they would stop calling this a subprime crisis and start calling into a speculator and fraud crisis.

[jpinpb]

LV – You are right. I apologize. It would more appropriately be called speculator/fraud crisis BS. I know 2 people a few years back, one in LJ and one in LC that did options route. More acquaintance now. Don’t know how they’re faring. They both had high FICO scores. I would not call them victims or naieve.

[jpinpb]

LV – You are right. I apologize. It would more appropriately be called speculator/fraud crisis BS. I know 2 people a few years back, one in LJ and one in LC that did options route. More acquaintance now. Don’t know how they’re faring. They both had high FICO scores. I would not call them victims or naieve.

[jpinpb]

LV – You are right. I apologize. It would more appropriately be called speculator/fraud crisis BS. I know 2 people a few years back, one in LJ and one in LC that did options route. More acquaintance now. Don’t know how they’re faring. They both had high FICO scores. I would not call them victims or naieve.

[jpinpb]

LV – You are right. I apologize. It would more appropriately be called speculator/fraud crisis BS. I know 2 people a few years back, one in LJ and one in LC that did options route. More acquaintance now. Don’t know how they’re faring. They both had high FICO scores. I would not call them victims or naieve.

[Author]

Posts