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February 6, 2008 at 6:51 PM in reply to: Frontpage of CNN – “CNNMoney: Mortgage too much? Just walk away” #149240February 6, 2008 at 6:51 PM in reply to: Frontpage of CNN – “CNNMoney: Mortgage too much? Just walk away” #149251bubble_contagionParticipant
This is the best quote I’ve read all week (from CR’s blog):
Jon Bottorff, managing director at HSBC Finance, during a session on mortgage origination, on walk-aways: “We’ve attracted a lot of borrowers who are really renters … It is disheartening as a servicer to see the willingness [to walk away] … [borrowers] simply don’t care.” Bottorff wants to see the mortgage industry “get back to the classic homeowner” who has a vested interest in staying in their home.
February 6, 2008 at 6:51 PM in reply to: Frontpage of CNN – “CNNMoney: Mortgage too much? Just walk away” #149269bubble_contagionParticipantThis is the best quote I’ve read all week (from CR’s blog):
Jon Bottorff, managing director at HSBC Finance, during a session on mortgage origination, on walk-aways: “We’ve attracted a lot of borrowers who are really renters … It is disheartening as a servicer to see the willingness [to walk away] … [borrowers] simply don’t care.” Bottorff wants to see the mortgage industry “get back to the classic homeowner” who has a vested interest in staying in their home.
February 6, 2008 at 6:51 PM in reply to: Frontpage of CNN – “CNNMoney: Mortgage too much? Just walk away” #149342bubble_contagionParticipantThis is the best quote I’ve read all week (from CR’s blog):
Jon Bottorff, managing director at HSBC Finance, during a session on mortgage origination, on walk-aways: “We’ve attracted a lot of borrowers who are really renters … It is disheartening as a servicer to see the willingness [to walk away] … [borrowers] simply don’t care.” Bottorff wants to see the mortgage industry “get back to the classic homeowner” who has a vested interest in staying in their home.
bubble_contagionParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
bubble_contagionParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
bubble_contagionParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
bubble_contagionParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
bubble_contagionParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
bubble_contagionParticipantRich is becoming quite bullish in his forecasts (compared to what actually ends up happening) 😉
bubble_contagionParticipantRich is becoming quite bullish in his forecasts (compared to what actually ends up happening) 😉
bubble_contagionParticipantRich is becoming quite bullish in his forecasts (compared to what actually ends up happening) 😉
bubble_contagionParticipantRich is becoming quite bullish in his forecasts (compared to what actually ends up happening) 😉
bubble_contagionParticipantRich is becoming quite bullish in his forecasts (compared to what actually ends up happening) 😉
bubble_contagionParticipantMy favorite part: “It doesn’t make sense not to foreclose now that the prices are going down.”
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