[cr]

Most of that info is trailing. One part however that is somewhat indicative of things to come is page 19:

“2/28 ARMs Dominated Subprime Home-Purchase Loan Originations in 2006”

That means the majority of those have not even reset yet, as haven’t many of the Alt-A and Prime loans. Things have a long way to go before they can even start turning around.

[cr]

Most of that info is trailing. One part however that is somewhat indicative of things to come is page 19:

“2/28 ARMs Dominated Subprime Home-Purchase Loan Originations in 2006”

That means the majority of those have not even reset yet, as haven’t many of the Alt-A and Prime loans. Things have a long way to go before they can even start turning around.

[cr]

Most of that info is trailing. One part however that is somewhat indicative of things to come is page 19:

“2/28 ARMs Dominated Subprime Home-Purchase Loan Originations in 2006”

That means the majority of those have not even reset yet, as haven’t many of the Alt-A and Prime loans. Things have a long way to go before they can even start turning around.

[cr]

Most of that info is trailing. One part however that is somewhat indicative of things to come is page 19:

“2/28 ARMs Dominated Subprime Home-Purchase Loan Originations in 2006”

That means the majority of those have not even reset yet, as haven’t many of the Alt-A and Prime loans. Things have a long way to go before they can even start turning around.

[cr]

Most of that info is trailing. One part however that is somewhat indicative of things to come is page 19:

“2/28 ARMs Dominated Subprime Home-Purchase Loan Originations in 2006”

That means the majority of those have not even reset yet, as haven’t many of the Alt-A and Prime loans. Things have a long way to go before they can even start turning around.

[cr]

“Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow”. – Alan Zibel and J.W. Elphinstone

“Just when the entire world economy needed banks to stop lending money to anyone with a pulse, they found new and ‘innovative’ ways to lend money to groups never before able to purchase a home.”
– Anyone with a brain in 2004-05

Banks may also realize that $100,000 lent today at 5%, is going to be worth $75,000 in 5 years thanks to +10% inflation.

[cr]

“Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow”. – Alan Zibel and J.W. Elphinstone

“Just when the entire world economy needed banks to stop lending money to anyone with a pulse, they found new and ‘innovative’ ways to lend money to groups never before able to purchase a home.”
– Anyone with a brain in 2004-05

Banks may also realize that $100,000 lent today at 5%, is going to be worth $75,000 in 5 years thanks to +10% inflation.

[cr]

“Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow”. – Alan Zibel and J.W. Elphinstone

“Just when the entire world economy needed banks to stop lending money to anyone with a pulse, they found new and ‘innovative’ ways to lend money to groups never before able to purchase a home.”
– Anyone with a brain in 2004-05

Banks may also realize that $100,000 lent today at 5%, is going to be worth $75,000 in 5 years thanks to +10% inflation.

[cr]

“Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow”. – Alan Zibel and J.W. Elphinstone

“Just when the entire world economy needed banks to stop lending money to anyone with a pulse, they found new and ‘innovative’ ways to lend money to groups never before able to purchase a home.”
– Anyone with a brain in 2004-05

Banks may also realize that $100,000 lent today at 5%, is going to be worth $75,000 in 5 years thanks to +10% inflation.

[cr]

“Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow”. – Alan Zibel and J.W. Elphinstone

“Just when the entire world economy needed banks to stop lending money to anyone with a pulse, they found new and ‘innovative’ ways to lend money to groups never before able to purchase a home.”
– Anyone with a brain in 2004-05

Banks may also realize that $100,000 lent today at 5%, is going to be worth $75,000 in 5 years thanks to +10% inflation.

[cr]

This is a pipe dream.

To get money to buy all these “failed mortgages” (a terrible idea in and of itself) Hillary will of course raise taxes. Pinning the consequences of a financially imprudent group of people, who shouldn’t “own” homes anyway, on the savers and renters.

But let’s just say Hillary wins the lottery and has enough private money to personally buy every single teetering mortgage in America.

Who is going to buy them from her?

[cr]

This is a pipe dream.

To get money to buy all these “failed mortgages” (a terrible idea in and of itself) Hillary will of course raise taxes. Pinning the consequences of a financially imprudent group of people, who shouldn’t “own” homes anyway, on the savers and renters.

But let’s just say Hillary wins the lottery and has enough private money to personally buy every single teetering mortgage in America.

Who is going to buy them from her?

[cr]

This is a pipe dream.

To get money to buy all these “failed mortgages” (a terrible idea in and of itself) Hillary will of course raise taxes. Pinning the consequences of a financially imprudent group of people, who shouldn’t “own” homes anyway, on the savers and renters.

But let’s just say Hillary wins the lottery and has enough private money to personally buy every single teetering mortgage in America.

Who is going to buy them from her?

[cr]

This is a pipe dream.

To get money to buy all these “failed mortgages” (a terrible idea in and of itself) Hillary will of course raise taxes. Pinning the consequences of a financially imprudent group of people, who shouldn’t “own” homes anyway, on the savers and renters.

But let’s just say Hillary wins the lottery and has enough private money to personally buy every single teetering mortgage in America.

Who is going to buy them from her?

[cr]

This is a pipe dream.

To get money to buy all these “failed mortgages” (a terrible idea in and of itself) Hillary will of course raise taxes. Pinning the consequences of a financially imprudent group of people, who shouldn’t “own” homes anyway, on the savers and renters.

But let’s just say Hillary wins the lottery and has enough private money to personally buy every single teetering mortgage in America.

Who is going to buy them from her?

[Author]

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