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ParticipantFind me an Alt-A or prime borrower who refi’d or moved up in the last 5 years with no intention of selling when their rates reset and I might listen to why Alt-A won’t be an even bigger problem than sub-prime.
ParticipantFind me an Alt-A or prime borrower who refi’d or moved up in the last 5 years with no intention of selling when their rates reset and I might listen to why Alt-A won’t be an even bigger problem than sub-prime.
ParticipantFind me an Alt-A or prime borrower who refi’d or moved up in the last 5 years with no intention of selling when their rates reset and I might listen to why Alt-A won’t be an even bigger problem than sub-prime.
ParticipantGood points esmith. Why would foreign money bother with RE when they can buy entire corporations?
Plus, foreign money was always late in the game. As soon as MSM realizes it will be a decade before housing returns solid gains again, foreigners will be the first to jump ship.
ParticipantGood points esmith. Why would foreign money bother with RE when they can buy entire corporations?
Plus, foreign money was always late in the game. As soon as MSM realizes it will be a decade before housing returns solid gains again, foreigners will be the first to jump ship.
ParticipantGood points esmith. Why would foreign money bother with RE when they can buy entire corporations?
Plus, foreign money was always late in the game. As soon as MSM realizes it will be a decade before housing returns solid gains again, foreigners will be the first to jump ship.
ParticipantGood points esmith. Why would foreign money bother with RE when they can buy entire corporations?
Plus, foreign money was always late in the game. As soon as MSM realizes it will be a decade before housing returns solid gains again, foreigners will be the first to jump ship.
ParticipantGood points esmith. Why would foreign money bother with RE when they can buy entire corporations?
Plus, foreign money was always late in the game. As soon as MSM realizes it will be a decade before housing returns solid gains again, foreigners will be the first to jump ship.
ParticipantAN, I thought the same thing but doctorhousingbubble.com made a good case for how ineffective the bailout will be for CA.
I don’t think the high end has seen the worst yet. Just because someone had a good credit score and made 200K+/yr doesn’t mean they didn’t fall for the same bubble euphoric high that subprime borrowers did. And for them, borrowing eas even easier.
ParticipantAN, I thought the same thing but doctorhousingbubble.com made a good case for how ineffective the bailout will be for CA.
I don’t think the high end has seen the worst yet. Just because someone had a good credit score and made 200K+/yr doesn’t mean they didn’t fall for the same bubble euphoric high that subprime borrowers did. And for them, borrowing eas even easier.
ParticipantAN, I thought the same thing but doctorhousingbubble.com made a good case for how ineffective the bailout will be for CA.
I don’t think the high end has seen the worst yet. Just because someone had a good credit score and made 200K+/yr doesn’t mean they didn’t fall for the same bubble euphoric high that subprime borrowers did. And for them, borrowing eas even easier.
ParticipantAN, I thought the same thing but doctorhousingbubble.com made a good case for how ineffective the bailout will be for CA.
I don’t think the high end has seen the worst yet. Just because someone had a good credit score and made 200K+/yr doesn’t mean they didn’t fall for the same bubble euphoric high that subprime borrowers did. And for them, borrowing eas even easier.
ParticipantAN, I thought the same thing but doctorhousingbubble.com made a good case for how ineffective the bailout will be for CA.
I don’t think the high end has seen the worst yet. Just because someone had a good credit score and made 200K+/yr doesn’t mean they didn’t fall for the same bubble euphoric high that subprime borrowers did. And for them, borrowing eas even easier.
Participant[quote=PadreBrian]To be fair to the US tax payer, the bail-out was designed to repay the tax payers. If you want a 40% reduction in your loan, spiting the profit when you sell it is only reasonable…they are like a silent partner in this. [/quote]
Not sure what you mean about repaying tax payers. This bill is at the expense of the tax payers, in the form of a blank check for FNMA and FMAC to guarantee toxic waste bought by Chinese shareholders so they don’t dump their US bonds and implode our economy.
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