[farbet]

When you buy, then I will buy SDRealtor. Thanks for the posts.By the way news flash

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s ..

Five-year mortgage rate freeze looms

WASHINGTON – Congressional aides say the Bush administration has hammered out an agreement with industry to freeze interest rates for certain subprime mortgages for five years in an effort to combat a soaring tide of foreclosures

These aides, who spoke on condition of anonymity because the details have not yet been released, said the five-year moratorium represented a compromise between desires by banking regulators for a longer time frame of as much as seven years and industry arguments that the freeze should only last one to two years.

Another person familiar with the matter said the rate-freeze plan would apply to borrowers with loans made at the start of 2005 through July 30 of this year with rates that are scheduled to rise between Jan. 1, 2008, and July 31, 2010.

[farbet]

SDRealtor
Do you own a house?
Not to be inquisitive.I remember reading you are still looking or waiting..Maybe I am wrong

[farbet]

SDRealtor
Do you own a house?
Not to be inquisitive.I remember reading you are still looking or waiting..Maybe I am wrong

[farbet]

SDRealtor
Do you own a house?
Not to be inquisitive.I remember reading you are still looking or waiting..Maybe I am wrong

[farbet]

SDRealtor
Do you own a house?
Not to be inquisitive.I remember reading you are still looking or waiting..Maybe I am wrong

[farbet]

SDRealtor
Do you own a house?
Not to be inquisitive.I remember reading you are still looking or waiting..Maybe I am wrong

[farbet]

What causes foreclosures?

Your gut instinct may tell you it is not being able to make the mortgage payments. Even though we have been inundated with media coverage about this (i.e. impact of rate resets on ARMs), the truth is:

This is not the primary reason for foreclosures at all.

The main driver of foreclosures is the change in real estate prices.
The recent spike in home foreclosures in Massachusetts is caused by falling home prices, and not by rising mortgage payments, according to research released yesterday by the Federal Reserve Bank of Boston……
US Treasury Secretary Henry Paulson is negotiating a deal to freeze monthly mortgage payments on some subprime loans by delaying scheduled interest rate increases. Paulson reiterated yesterday the plan could be announced this week.

This proves that the Paulson plan is a phony PR stunt because it does not address the primary cause of the foreclosure problem. Foreclosures are mostly driven by declining homeowner equity—especially negative equity.

Precious Metals Update

Paulson should be jailed. He was at Goldman Sachs.Goldman Sachs encourged the imploders to write as many loans as possible-they could package it and sell to unsuspecting foreigners( no one trusts US Paper now).
Now he is at Treasury and he is “planning to bailout ” borrowers. What a bunch of liqid crap!!

[farbet]

What causes foreclosures?

Your gut instinct may tell you it is not being able to make the mortgage payments. Even though we have been inundated with media coverage about this (i.e. impact of rate resets on ARMs), the truth is:

This is not the primary reason for foreclosures at all.

The main driver of foreclosures is the change in real estate prices.
The recent spike in home foreclosures in Massachusetts is caused by falling home prices, and not by rising mortgage payments, according to research released yesterday by the Federal Reserve Bank of Boston……
US Treasury Secretary Henry Paulson is negotiating a deal to freeze monthly mortgage payments on some subprime loans by delaying scheduled interest rate increases. Paulson reiterated yesterday the plan could be announced this week.

This proves that the Paulson plan is a phony PR stunt because it does not address the primary cause of the foreclosure problem. Foreclosures are mostly driven by declining homeowner equity—especially negative equity.

Precious Metals Update

Paulson should be jailed. He was at Goldman Sachs.Goldman Sachs encourged the imploders to write as many loans as possible-they could package it and sell to unsuspecting foreigners( no one trusts US Paper now).
Now he is at Treasury and he is “planning to bailout ” borrowers. What a bunch of liqid crap!!

[farbet]

What causes foreclosures?

Your gut instinct may tell you it is not being able to make the mortgage payments. Even though we have been inundated with media coverage about this (i.e. impact of rate resets on ARMs), the truth is:

This is not the primary reason for foreclosures at all.

The main driver of foreclosures is the change in real estate prices.
The recent spike in home foreclosures in Massachusetts is caused by falling home prices, and not by rising mortgage payments, according to research released yesterday by the Federal Reserve Bank of Boston……
US Treasury Secretary Henry Paulson is negotiating a deal to freeze monthly mortgage payments on some subprime loans by delaying scheduled interest rate increases. Paulson reiterated yesterday the plan could be announced this week.

This proves that the Paulson plan is a phony PR stunt because it does not address the primary cause of the foreclosure problem. Foreclosures are mostly driven by declining homeowner equity—especially negative equity.

Precious Metals Update

Paulson should be jailed. He was at Goldman Sachs.Goldman Sachs encourged the imploders to write as many loans as possible-they could package it and sell to unsuspecting foreigners( no one trusts US Paper now).
Now he is at Treasury and he is “planning to bailout ” borrowers. What a bunch of liqid crap!!

[farbet]

What causes foreclosures?

Your gut instinct may tell you it is not being able to make the mortgage payments. Even though we have been inundated with media coverage about this (i.e. impact of rate resets on ARMs), the truth is:

This is not the primary reason for foreclosures at all.

The main driver of foreclosures is the change in real estate prices.
The recent spike in home foreclosures in Massachusetts is caused by falling home prices, and not by rising mortgage payments, according to research released yesterday by the Federal Reserve Bank of Boston……
US Treasury Secretary Henry Paulson is negotiating a deal to freeze monthly mortgage payments on some subprime loans by delaying scheduled interest rate increases. Paulson reiterated yesterday the plan could be announced this week.

This proves that the Paulson plan is a phony PR stunt because it does not address the primary cause of the foreclosure problem. Foreclosures are mostly driven by declining homeowner equity—especially negative equity.

Precious Metals Update

Paulson should be jailed. He was at Goldman Sachs.Goldman Sachs encourged the imploders to write as many loans as possible-they could package it and sell to unsuspecting foreigners( no one trusts US Paper now).
Now he is at Treasury and he is “planning to bailout ” borrowers. What a bunch of liqid crap!!

[farbet]

What causes foreclosures?

Your gut instinct may tell you it is not being able to make the mortgage payments. Even though we have been inundated with media coverage about this (i.e. impact of rate resets on ARMs), the truth is:

This is not the primary reason for foreclosures at all.

The main driver of foreclosures is the change in real estate prices.
The recent spike in home foreclosures in Massachusetts is caused by falling home prices, and not by rising mortgage payments, according to research released yesterday by the Federal Reserve Bank of Boston……
US Treasury Secretary Henry Paulson is negotiating a deal to freeze monthly mortgage payments on some subprime loans by delaying scheduled interest rate increases. Paulson reiterated yesterday the plan could be announced this week.

This proves that the Paulson plan is a phony PR stunt because it does not address the primary cause of the foreclosure problem. Foreclosures are mostly driven by declining homeowner equity—especially negative equity.

Precious Metals Update

Paulson should be jailed. He was at Goldman Sachs.Goldman Sachs encourged the imploders to write as many loans as possible-they could package it and sell to unsuspecting foreigners( no one trusts US Paper now).
Now he is at Treasury and he is “planning to bailout ” borrowers. What a bunch of liqid crap!!

[farbet]

With the Credit Crunch and Corporate uncertainty for 2008,why would people buy.
All those office buildings are mostly empty in Carlsbad and in San Diego as a whole.

[farbet]

With the Credit Crunch and Corporate uncertainty for 2008,why would people buy.
All those office buildings are mostly empty in Carlsbad and in San Diego as a whole.

[farbet]

With the Credit Crunch and Corporate uncertainty for 2008,why would people buy.
All those office buildings are mostly empty in Carlsbad and in San Diego as a whole.

[farbet]

With the Credit Crunch and Corporate uncertainty for 2008,why would people buy.
All those office buildings are mostly empty in Carlsbad and in San Diego as a whole.

[Author]

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