Words of Comfort from Sir Lawrence Yun

[cr]

Good question. Wherever he gets it, he certainly only looks at the things that can be spun into naive optimism.

There’s so much wrong with every statement he makes it’s not ever worth refuting.

Does anyone have any idea on the value of ARMs that have reset so far since this bubble started?

I wonder how the roughly $1 trillion in ARMS still to reset compares to the amount that already reset and caused the damage we’ve seen so far. Either way, I’d bet default/foreclosure rates increase.

[SD Realtor]

Coop I was just thinking about that the other day, (how much have we already reset). I am to lazy but I know there have been several posts over the past year or so that featured the infamous reset bar charts that went back sometime into maybe 2006. My total guess is that we are about 20% into the total… That is based on nothing but me sitting here drinking some grape juice and typing…

SD Realtor

[SD Realtor]

Coop I was just thinking about that the other day, (how much have we already reset). I am to lazy but I know there have been several posts over the past year or so that featured the infamous reset bar charts that went back sometime into maybe 2006. My total guess is that we are about 20% into the total… That is based on nothing but me sitting here drinking some grape juice and typing…

SD Realtor

[SD Realtor]

Coop I was just thinking about that the other day, (how much have we already reset). I am to lazy but I know there have been several posts over the past year or so that featured the infamous reset bar charts that went back sometime into maybe 2006. My total guess is that we are about 20% into the total… That is based on nothing but me sitting here drinking some grape juice and typing…

SD Realtor

[SD Realtor]

Coop I was just thinking about that the other day, (how much have we already reset). I am to lazy but I know there have been several posts over the past year or so that featured the infamous reset bar charts that went back sometime into maybe 2006. My total guess is that we are about 20% into the total… That is based on nothing but me sitting here drinking some grape juice and typing…

SD Realtor

[SD Realtor]

Coop I was just thinking about that the other day, (how much have we already reset). I am to lazy but I know there have been several posts over the past year or so that featured the infamous reset bar charts that went back sometime into maybe 2006. My total guess is that we are about 20% into the total… That is based on nothing but me sitting here drinking some grape juice and typing…

SD Realtor

[cr]

I’ve seen one that goes back to December 2006, and one that starts maybe 6 months later. I’ll try to post them later see if it’s telling of anything.

[cr]

I’ve seen one that goes back to December 2006, and one that starts maybe 6 months later. I’ll try to post them later see if it’s telling of anything.

[cr]

I’ve seen one that goes back to December 2006, and one that starts maybe 6 months later. I’ll try to post them later see if it’s telling of anything.

[cr]

I’ve seen one that goes back to December 2006, and one that starts maybe 6 months later. I’ll try to post them later see if it’s telling of anything.

[cr]

I’ve seen one that goes back to December 2006, and one that starts maybe 6 months later. I’ll try to post them later see if it’s telling of anything.

[Author]

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