[j]

I believe mortgage rates will be 12%+ by the end of 2009. They should be 8%+ at the end of this year, but the election will stop that. The week dollar policy has not worked. Unless Ben wants to risk being the guy who devalued the US Peso like the Mexican Peso of the 70’s, rates must go up.

Remember mortgage rates were in the mid teens in the early 80’s.

[j]

An old boss always told clients to ask a potential financial planner if annuities were a good investment. If the financial planner said yes it was a sure sign to run. Annuities are horrible for an investor, but great for the broker. Brokers get a large commission and win vacations. Annuities are basically the Alt-A of investments.

[j]

An old boss always told clients to ask a potential financial planner if annuities were a good investment. If the financial planner said yes it was a sure sign to run. Annuities are horrible for an investor, but great for the broker. Brokers get a large commission and win vacations. Annuities are basically the Alt-A of investments.

[j]

An old boss always told clients to ask a potential financial planner if annuities were a good investment. If the financial planner said yes it was a sure sign to run. Annuities are horrible for an investor, but great for the broker. Brokers get a large commission and win vacations. Annuities are basically the Alt-A of investments.

[j]

An old boss always told clients to ask a potential financial planner if annuities were a good investment. If the financial planner said yes it was a sure sign to run. Annuities are horrible for an investor, but great for the broker. Brokers get a large commission and win vacations. Annuities are basically the Alt-A of investments.

[j]

An old boss always told clients to ask a potential financial planner if annuities were a good investment. If the financial planner said yes it was a sure sign to run. Annuities are horrible for an investor, but great for the broker. Brokers get a large commission and win vacations. Annuities are basically the Alt-A of investments.

[j]

The media is saying that things will be better in 2009.

The RE market will continue to decline as far as I can tell in 2009, because REOs continue to climb. People that can make their payments will not sell, but banks will at lower prices. If unemployment continues to climb as RE “professionals” and construction works lose their jobs it will get ugly. People still believe is RE, if they stop believing sales will completely fall off a cliff.

[j]

The media is saying that things will be better in 2009.

The RE market will continue to decline as far as I can tell in 2009, because REOs continue to climb. People that can make their payments will not sell, but banks will at lower prices. If unemployment continues to climb as RE “professionals” and construction works lose their jobs it will get ugly. People still believe is RE, if they stop believing sales will completely fall off a cliff.

[j]

The media is saying that things will be better in 2009.

The RE market will continue to decline as far as I can tell in 2009, because REOs continue to climb. People that can make their payments will not sell, but banks will at lower prices. If unemployment continues to climb as RE “professionals” and construction works lose their jobs it will get ugly. People still believe is RE, if they stop believing sales will completely fall off a cliff.

[j]

The media is saying that things will be better in 2009.

The RE market will continue to decline as far as I can tell in 2009, because REOs continue to climb. People that can make their payments will not sell, but banks will at lower prices. If unemployment continues to climb as RE “professionals” and construction works lose their jobs it will get ugly. People still believe is RE, if they stop believing sales will completely fall off a cliff.

[j]

The media is saying that things will be better in 2009.

The RE market will continue to decline as far as I can tell in 2009, because REOs continue to climb. People that can make their payments will not sell, but banks will at lower prices. If unemployment continues to climb as RE “professionals” and construction works lose their jobs it will get ugly. People still believe is RE, if they stop believing sales will completely fall off a cliff.

[j]

I am sure Mozilo told them they would get a good deal, but all mortgage brokers say that. Most of the time that means bend over.

It is just hard to believe that some of those fools would take a bribe for only a few thousand dollars. I thing it just shows how little they really understand the industry they make legislation for.

[j]

I am sure Mozilo told them they would get a good deal, but all mortgage brokers say that. Most of the time that means bend over.

It is just hard to believe that some of those fools would take a bribe for only a few thousand dollars. I thing it just shows how little they really understand the industry they make legislation for.

[j]

I am sure Mozilo told them they would get a good deal, but all mortgage brokers say that. Most of the time that means bend over.

It is just hard to believe that some of those fools would take a bribe for only a few thousand dollars. I thing it just shows how little they really understand the industry they make legislation for.

[j]

I am sure Mozilo told them they would get a good deal, but all mortgage brokers say that. Most of the time that means bend over.

It is just hard to believe that some of those fools would take a bribe for only a few thousand dollars. I thing it just shows how little they really understand the industry they make legislation for.

[Author]

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