- This topic has 25 replies, 5 voices, and was last updated 16 years, 1 month ago by
pencilneck.
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March 20, 2008 at 3:13 PM #12196March 20, 2008 at 3:21 PM #173881
svelteParticipantWe’re goin off the rails on this crazy train.
That’s not the figure that caught my eye the most…it was this one:
Clayton reported that subprime first lien average loss severity increased to 45.80 percent in February, up from 42.56 percent in January
Lenders are getting back only about 54 cents on the dollar when taking back a subprime home! (if I read that right)
March 20, 2008 at 3:21 PM #174225svelteParticipantWe’re goin off the rails on this crazy train.
That’s not the figure that caught my eye the most…it was this one:
Clayton reported that subprime first lien average loss severity increased to 45.80 percent in February, up from 42.56 percent in January
Lenders are getting back only about 54 cents on the dollar when taking back a subprime home! (if I read that right)
March 20, 2008 at 3:21 PM #174233svelteParticipantWe’re goin off the rails on this crazy train.
That’s not the figure that caught my eye the most…it was this one:
Clayton reported that subprime first lien average loss severity increased to 45.80 percent in February, up from 42.56 percent in January
Lenders are getting back only about 54 cents on the dollar when taking back a subprime home! (if I read that right)
March 20, 2008 at 3:21 PM #174242svelteParticipantWe’re goin off the rails on this crazy train.
That’s not the figure that caught my eye the most…it was this one:
Clayton reported that subprime first lien average loss severity increased to 45.80 percent in February, up from 42.56 percent in January
Lenders are getting back only about 54 cents on the dollar when taking back a subprime home! (if I read that right)
March 20, 2008 at 3:21 PM #174328svelteParticipantWe’re goin off the rails on this crazy train.
That’s not the figure that caught my eye the most…it was this one:
Clayton reported that subprime first lien average loss severity increased to 45.80 percent in February, up from 42.56 percent in January
Lenders are getting back only about 54 cents on the dollar when taking back a subprime home! (if I read that right)
March 20, 2008 at 3:31 PM #173896HereWeGo
ParticipantNo biggie … Ambac and MBIA have it covered.
March 20, 2008 at 3:31 PM #174240ParticipantNo biggie … Ambac and MBIA have it covered.
March 20, 2008 at 3:31 PM #174247ParticipantNo biggie … Ambac and MBIA have it covered.
March 20, 2008 at 3:31 PM #174259ParticipantNo biggie … Ambac and MBIA have it covered.
March 20, 2008 at 3:31 PM #174342ParticipantNo biggie … Ambac and MBIA have it covered.
March 21, 2008 at 12:12 PM #174301donaldduckmoore
ParticipantWhat kind of fraud are they talking about? Anyone has any insights?
March 21, 2008 at 12:12 PM #174648ParticipantWhat kind of fraud are they talking about? Anyone has any insights?
March 21, 2008 at 12:12 PM #174651ParticipantWhat kind of fraud are they talking about? Anyone has any insights?
March 21, 2008 at 12:12 PM #174663ParticipantWhat kind of fraud are they talking about? Anyone has any insights?
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