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August 8, 2008 at 9:40 AM in reply to: Alt-A Resets Accelerating like mad… here comes the next wave! #254544August 8, 2008 at 9:40 AM in reply to: Alt-A Resets Accelerating like mad… here comes the next wave! #254717
gdcox
ParticipantWould even the gov bail out proponents be able to support pay option arms at say 125%. There is no bail out for Helocs as I understand it : or have I missed something?
August 8, 2008 at 9:40 AM in reply to: Alt-A Resets Accelerating like mad… here comes the next wave! #254723gdcox
ParticipantWould even the gov bail out proponents be able to support pay option arms at say 125%. There is no bail out for Helocs as I understand it : or have I missed something?
August 8, 2008 at 9:40 AM in reply to: Alt-A Resets Accelerating like mad… here comes the next wave! #254781gdcox
ParticipantWould even the gov bail out proponents be able to support pay option arms at say 125%. There is no bail out for Helocs as I understand it : or have I missed something?
August 8, 2008 at 9:40 AM in reply to: Alt-A Resets Accelerating like mad… here comes the next wave! #254829gdcox
ParticipantWould even the gov bail out proponents be able to support pay option arms at say 125%. There is no bail out for Helocs as I understand it : or have I missed something?
August 1, 2008 at 10:41 AM in reply to: Anyone had the chance to attend a trustee sale in El Cajon? #250341gdcox
ParticipantIs it not just a matter of accounting convenience . ( I ask out of ignorance)?
When a property (notionally) fails to sell at loan value ‘on the steps’, the bank can value it at a penny under the loan value on its books for a period .
If there were a true auction, they would have to show the difference between loan value and true forced sale value proceeds for the next quarterly results.
August 1, 2008 at 10:41 AM in reply to: Anyone had the chance to attend a trustee sale in El Cajon? #250497gdcox
ParticipantIs it not just a matter of accounting convenience . ( I ask out of ignorance)?
When a property (notionally) fails to sell at loan value ‘on the steps’, the bank can value it at a penny under the loan value on its books for a period .
If there were a true auction, they would have to show the difference between loan value and true forced sale value proceeds for the next quarterly results.
August 1, 2008 at 10:41 AM in reply to: Anyone had the chance to attend a trustee sale in El Cajon? #250503gdcox
ParticipantIs it not just a matter of accounting convenience . ( I ask out of ignorance)?
When a property (notionally) fails to sell at loan value ‘on the steps’, the bank can value it at a penny under the loan value on its books for a period .
If there were a true auction, they would have to show the difference between loan value and true forced sale value proceeds for the next quarterly results.
August 1, 2008 at 10:41 AM in reply to: Anyone had the chance to attend a trustee sale in El Cajon? #250560gdcox
ParticipantIs it not just a matter of accounting convenience . ( I ask out of ignorance)?
When a property (notionally) fails to sell at loan value ‘on the steps’, the bank can value it at a penny under the loan value on its books for a period .
If there were a true auction, they would have to show the difference between loan value and true forced sale value proceeds for the next quarterly results.
August 1, 2008 at 10:41 AM in reply to: Anyone had the chance to attend a trustee sale in El Cajon? #250569gdcox
ParticipantIs it not just a matter of accounting convenience . ( I ask out of ignorance)?
When a property (notionally) fails to sell at loan value ‘on the steps’, the bank can value it at a penny under the loan value on its books for a period .
If there were a true auction, they would have to show the difference between loan value and true forced sale value proceeds for the next quarterly results.
gdcox
ParticipantAecetia Please go back in an change the heading with the edit tab . This is classifiable under
‘ Economics’gdcox
ParticipantAecetia Please go back in an change the heading with the edit tab . This is classifiable under
‘ Economics’gdcox
ParticipantAecetia Please go back in an change the heading with the edit tab . This is classifiable under
‘ Economics’gdcox
ParticipantAecetia Please go back in an change the heading with the edit tab . This is classifiable under
‘ Economics’gdcox
ParticipantAecetia Please go back in an change the heading with the edit tab . This is classifiable under
‘ Economics’ -
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