[drunkle]

i’d bet that the reduced amount of construction traffic has a lot to do with it; dirt haulers, wide load flatbeds hauling back whores and manufake homes… but yeah, it’s probably the mexicans.

[drunkle]

i’d bet that the reduced amount of construction traffic has a lot to do with it; dirt haulers, wide load flatbeds hauling back whores and manufake homes… but yeah, it’s probably the mexicans.

[drunkle]

i’d bet that the reduced amount of construction traffic has a lot to do with it; dirt haulers, wide load flatbeds hauling back whores and manufake homes… but yeah, it’s probably the mexicans.

[drunkle]

i’d bet that the reduced amount of construction traffic has a lot to do with it; dirt haulers, wide load flatbeds hauling back whores and manufake homes… but yeah, it’s probably the mexicans.

[drunkle]

i’d bet that the reduced amount of construction traffic has a lot to do with it; dirt haulers, wide load flatbeds hauling back whores and manufake homes… but yeah, it’s probably the mexicans.

[drunkle]

mr mortgage’s thesis is that resets matter less than equity or lack thereof. i agree with it as it’s logical, reasonable and tends to be backed up with the numbers; despite the lack of reset (lower rates, farther out time frame), nod’s to alt-a morts are rising fast. presumably due to negative equity.

using that, foreclosure activity should accelerate ahead of the reset chart, especially now with rising libor and continuing price drops. i’m thinking that some 25 to 50% of 2004+ vintage alt-a holders will jump ship (jingle mail, squat, short sell, etc) before being stuck in the position of both neg equity and doubled payments.

it might not take but a year or two to “get there”.

i’m also thinking that may be the “holy shit” moment when j6p finally gets it; housing isn’t turning around, real estate doesn’t always go up, credit isn’t free. the msm will be permanently glum, the markets will have tanked, banks gone tits and satan begins his reign of terror.

4 horsemen = foreclosed house-men… foreclosed houses… anyway.

[drunkle]

mr mortgage’s thesis is that resets matter less than equity or lack thereof. i agree with it as it’s logical, reasonable and tends to be backed up with the numbers; despite the lack of reset (lower rates, farther out time frame), nod’s to alt-a morts are rising fast. presumably due to negative equity.

using that, foreclosure activity should accelerate ahead of the reset chart, especially now with rising libor and continuing price drops. i’m thinking that some 25 to 50% of 2004+ vintage alt-a holders will jump ship (jingle mail, squat, short sell, etc) before being stuck in the position of both neg equity and doubled payments.

it might not take but a year or two to “get there”.

i’m also thinking that may be the “holy shit” moment when j6p finally gets it; housing isn’t turning around, real estate doesn’t always go up, credit isn’t free. the msm will be permanently glum, the markets will have tanked, banks gone tits and satan begins his reign of terror.

4 horsemen = foreclosed house-men… foreclosed houses… anyway.

[drunkle]

mr mortgage’s thesis is that resets matter less than equity or lack thereof. i agree with it as it’s logical, reasonable and tends to be backed up with the numbers; despite the lack of reset (lower rates, farther out time frame), nod’s to alt-a morts are rising fast. presumably due to negative equity.

using that, foreclosure activity should accelerate ahead of the reset chart, especially now with rising libor and continuing price drops. i’m thinking that some 25 to 50% of 2004+ vintage alt-a holders will jump ship (jingle mail, squat, short sell, etc) before being stuck in the position of both neg equity and doubled payments.

it might not take but a year or two to “get there”.

i’m also thinking that may be the “holy shit” moment when j6p finally gets it; housing isn’t turning around, real estate doesn’t always go up, credit isn’t free. the msm will be permanently glum, the markets will have tanked, banks gone tits and satan begins his reign of terror.

4 horsemen = foreclosed house-men… foreclosed houses… anyway.

[drunkle]

mr mortgage’s thesis is that resets matter less than equity or lack thereof. i agree with it as it’s logical, reasonable and tends to be backed up with the numbers; despite the lack of reset (lower rates, farther out time frame), nod’s to alt-a morts are rising fast. presumably due to negative equity.

using that, foreclosure activity should accelerate ahead of the reset chart, especially now with rising libor and continuing price drops. i’m thinking that some 25 to 50% of 2004+ vintage alt-a holders will jump ship (jingle mail, squat, short sell, etc) before being stuck in the position of both neg equity and doubled payments.

it might not take but a year or two to “get there”.

i’m also thinking that may be the “holy shit” moment when j6p finally gets it; housing isn’t turning around, real estate doesn’t always go up, credit isn’t free. the msm will be permanently glum, the markets will have tanked, banks gone tits and satan begins his reign of terror.

4 horsemen = foreclosed house-men… foreclosed houses… anyway.

[drunkle]

mr mortgage’s thesis is that resets matter less than equity or lack thereof. i agree with it as it’s logical, reasonable and tends to be backed up with the numbers; despite the lack of reset (lower rates, farther out time frame), nod’s to alt-a morts are rising fast. presumably due to negative equity.

using that, foreclosure activity should accelerate ahead of the reset chart, especially now with rising libor and continuing price drops. i’m thinking that some 25 to 50% of 2004+ vintage alt-a holders will jump ship (jingle mail, squat, short sell, etc) before being stuck in the position of both neg equity and doubled payments.

it might not take but a year or two to “get there”.

i’m also thinking that may be the “holy shit” moment when j6p finally gets it; housing isn’t turning around, real estate doesn’t always go up, credit isn’t free. the msm will be permanently glum, the markets will have tanked, banks gone tits and satan begins his reign of terror.

4 horsemen = foreclosed house-men… foreclosed houses… anyway.

[drunkle]

well done hedgie. you are a powerful and attractive man.

now if only your hrb call would come to pass. note, there was a 2k spike in jan 09 $10 puts last week.

[drunkle]

well done hedgie. you are a powerful and attractive man.

now if only your hrb call would come to pass. note, there was a 2k spike in jan 09 $10 puts last week.

[drunkle]

well done hedgie. you are a powerful and attractive man.

now if only your hrb call would come to pass. note, there was a 2k spike in jan 09 $10 puts last week.

[drunkle]

well done hedgie. you are a powerful and attractive man.

now if only your hrb call would come to pass. note, there was a 2k spike in jan 09 $10 puts last week.

[drunkle]

well done hedgie. you are a powerful and attractive man.

now if only your hrb call would come to pass. note, there was a 2k spike in jan 09 $10 puts last week.

[Author]

Posts