- This topic has 65 replies, 9 voices, and was last updated 15 years, 6 months ago by
jpinpb.
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October 27, 2008 at 10:57 PM #294362October 28, 2008 at 12:31 PM #294214
niy38
Participantis this chart real ? if yes then pretty scary.
October 28, 2008 at 12:31 PM #294545Participantis this chart real ? if yes then pretty scary.
October 28, 2008 at 12:31 PM #294569Participantis this chart real ? if yes then pretty scary.
October 28, 2008 at 12:31 PM #294581Participantis this chart real ? if yes then pretty scary.
October 28, 2008 at 12:31 PM #294618Participantis this chart real ? if yes then pretty scary.
October 28, 2008 at 3:43 PM #29436434f3f3f
Participant[quote=Navydoc] “God, they have to do something to stop these foreclosures!” It was then that I realized we are still deep in the denial phase of this correction.[/quote]
If I got a penny for every time I had heard even politicians say this on the news, I wouldn’t need to wait for a downturn. To me it sounds just the same as saying “we must keep housing unaffordable”.
October 28, 2008 at 3:43 PM #294696Participant[quote=Navydoc] “God, they have to do something to stop these foreclosures!” It was then that I realized we are still deep in the denial phase of this correction.[/quote]
If I got a penny for every time I had heard even politicians say this on the news, I wouldn’t need to wait for a downturn. To me it sounds just the same as saying “we must keep housing unaffordable”.
October 28, 2008 at 3:43 PM #294719Participant[quote=Navydoc] “God, they have to do something to stop these foreclosures!” It was then that I realized we are still deep in the denial phase of this correction.[/quote]
If I got a penny for every time I had heard even politicians say this on the news, I wouldn’t need to wait for a downturn. To me it sounds just the same as saying “we must keep housing unaffordable”.
October 28, 2008 at 3:43 PM #294730Participant[quote=Navydoc] “God, they have to do something to stop these foreclosures!” It was then that I realized we are still deep in the denial phase of this correction.[/quote]
If I got a penny for every time I had heard even politicians say this on the news, I wouldn’t need to wait for a downturn. To me it sounds just the same as saying “we must keep housing unaffordable”.
October 28, 2008 at 3:43 PM #294768Participant[quote=Navydoc] “God, they have to do something to stop these foreclosures!” It was then that I realized we are still deep in the denial phase of this correction.[/quote]
If I got a penny for every time I had heard even politicians say this on the news, I wouldn’t need to wait for a downturn. To me it sounds just the same as saying “we must keep housing unaffordable”.
October 29, 2008 at 6:54 AM #294602coxapple
ParticipantNeed to remember that most of these are voluntary.
Since the preponderance of sub-prime amongst NODs is so much higher than another cycle and they have little to lose on their credit record, one can start to see that this chart is artificial from a historic comparative behavioural point of view
……….. though in terms of numbers of REO and what the idiot raters should have foreseen it is as it is.
October 29, 2008 at 6:54 AM #294935ParticipantNeed to remember that most of these are voluntary.
Since the preponderance of sub-prime amongst NODs is so much higher than another cycle and they have little to lose on their credit record, one can start to see that this chart is artificial from a historic comparative behavioural point of view
……….. though in terms of numbers of REO and what the idiot raters should have foreseen it is as it is.
October 29, 2008 at 6:54 AM #294958ParticipantNeed to remember that most of these are voluntary.
Since the preponderance of sub-prime amongst NODs is so much higher than another cycle and they have little to lose on their credit record, one can start to see that this chart is artificial from a historic comparative behavioural point of view
……….. though in terms of numbers of REO and what the idiot raters should have foreseen it is as it is.
October 29, 2008 at 6:54 AM #294971ParticipantNeed to remember that most of these are voluntary.
Since the preponderance of sub-prime amongst NODs is so much higher than another cycle and they have little to lose on their credit record, one can start to see that this chart is artificial from a historic comparative behavioural point of view
……….. though in terms of numbers of REO and what the idiot raters should have foreseen it is as it is.
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