Not even close to a bottom

[jpinpb]

Thanks for posting that article.

Also thanks for the Chinese video clip. At last. They must be the foreign investors people were talking about. Buying in Corona! That sounds like a well thought out investment. Location, location, location. I hear the economy is thriving over there across from the dairy cows. Nice.

[Huckleberry]

I didn’t realize the Homeowner Affordability and Stability Plan excluded exotic mortgages, is this correct? So, nobody with Alt-A, pay-option, or jumbos can use this program to refi?

This makes a HUGE difference in the coastal areas!

[Huckleberry]

I didn’t realize the Homeowner Affordability and Stability Plan excluded exotic mortgages, is this correct? So, nobody with Alt-A, pay-option, or jumbos can use this program to refi?

This makes a HUGE difference in the coastal areas!

[Huckleberry]

I didn’t realize the Homeowner Affordability and Stability Plan excluded exotic mortgages, is this correct? So, nobody with Alt-A, pay-option, or jumbos can use this program to refi?

This makes a HUGE difference in the coastal areas!

[Huckleberry]

I didn’t realize the Homeowner Affordability and Stability Plan excluded exotic mortgages, is this correct? So, nobody with Alt-A, pay-option, or jumbos can use this program to refi?

This makes a HUGE difference in the coastal areas!

[Huckleberry]

I didn’t realize the Homeowner Affordability and Stability Plan excluded exotic mortgages, is this correct? So, nobody with Alt-A, pay-option, or jumbos can use this program to refi?

This makes a HUGE difference in the coastal areas!

[thenewguy]

So far it looks like that is indeed the case which is great news to most of us.
“the plan excludes subprime, Alt-A, Option ARM and jumbo mortgages though they are most vulnerable to defaults”

Homeowner Affordability and Stability Plan Details

[thenewguy]

So far it looks like that is indeed the case which is great news to most of us.
“the plan excludes subprime, Alt-A, Option ARM and jumbo mortgages though they are most vulnerable to defaults”

Homeowner Affordability and Stability Plan Details

[thenewguy]

So far it looks like that is indeed the case which is great news to most of us.
“the plan excludes subprime, Alt-A, Option ARM and jumbo mortgages though they are most vulnerable to defaults”

Homeowner Affordability and Stability Plan Details

[thenewguy]

So far it looks like that is indeed the case which is great news to most of us.
“the plan excludes subprime, Alt-A, Option ARM and jumbo mortgages though they are most vulnerable to defaults”

Homeowner Affordability and Stability Plan Details

[thenewguy]

So far it looks like that is indeed the case which is great news to most of us.
“the plan excludes subprime, Alt-A, Option ARM and jumbo mortgages though they are most vulnerable to defaults”

Homeowner Affordability and Stability Plan Details

[SD Transplant]

A couple of days ago I caught on CNN a piece of the interview with the newly appointed housing czar Shaun Donovan, and he mentioned that for anyone to qualify for this plan they must be of an LTV 80-105 … here is a quote:

“Also, borrowers with little or no equity in their homes who are on time with their payments could be eligible to refinance to take advantage of the current low interest rates, which hover around 5%. The plan lifts the guideline that borrowers must have at least 20% equity to refinance, allowing those with loans as large as 105% of their home’s value to qualify. This is designed to help people who have seen their equity eaten away by falling home prices.”

http://money.cnn.com/2009/02/20/news/economy/foreclosure_underwater_jobless/index.htm

Then, the reporter commented that if that’s the case,some regions in the US (e.g. California, Nevada, Arizona, Florida….etc) due to low equity (up-side down)

[SD Transplant]

A couple of days ago I caught on CNN a piece of the interview with the newly appointed housing czar Shaun Donovan, and he mentioned that for anyone to qualify for this plan they must be of an LTV 80-105 … here is a quote:

“Also, borrowers with little or no equity in their homes who are on time with their payments could be eligible to refinance to take advantage of the current low interest rates, which hover around 5%. The plan lifts the guideline that borrowers must have at least 20% equity to refinance, allowing those with loans as large as 105% of their home’s value to qualify. This is designed to help people who have seen their equity eaten away by falling home prices.”

http://money.cnn.com/2009/02/20/news/economy/foreclosure_underwater_jobless/index.htm

Then, the reporter commented that if that’s the case,some regions in the US (e.g. California, Nevada, Arizona, Florida….etc) due to low equity (up-side down)

[SD Transplant]

A couple of days ago I caught on CNN a piece of the interview with the newly appointed housing czar Shaun Donovan, and he mentioned that for anyone to qualify for this plan they must be of an LTV 80-105 … here is a quote:

“Also, borrowers with little or no equity in their homes who are on time with their payments could be eligible to refinance to take advantage of the current low interest rates, which hover around 5%. The plan lifts the guideline that borrowers must have at least 20% equity to refinance, allowing those with loans as large as 105% of their home’s value to qualify. This is designed to help people who have seen their equity eaten away by falling home prices.”

http://money.cnn.com/2009/02/20/news/economy/foreclosure_underwater_jobless/index.htm

Then, the reporter commented that if that’s the case,some regions in the US (e.g. California, Nevada, Arizona, Florida….etc) due to low equity (up-side down)

[SD Transplant]

A couple of days ago I caught on CNN a piece of the interview with the newly appointed housing czar Shaun Donovan, and he mentioned that for anyone to qualify for this plan they must be of an LTV 80-105 … here is a quote:

“Also, borrowers with little or no equity in their homes who are on time with their payments could be eligible to refinance to take advantage of the current low interest rates, which hover around 5%. The plan lifts the guideline that borrowers must have at least 20% equity to refinance, allowing those with loans as large as 105% of their home’s value to qualify. This is designed to help people who have seen their equity eaten away by falling home prices.”

http://money.cnn.com/2009/02/20/news/economy/foreclosure_underwater_jobless/index.htm

Then, the reporter commented that if that’s the case,some regions in the US (e.g. California, Nevada, Arizona, Florida….etc) due to low equity (up-side down)

[Author]

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