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December 6, 2007 at 2:48 PM in reply to: Home prices are forecast to fall as much as 30% in ‘the most severe housing recession’ since 1945. #110795December 6, 2007 at 2:48 PM in reply to: Home prices are forecast to fall as much as 30% in ‘the most severe housing recession’ since 1945. #110799
kev374
Participantgood to know the media is finally catching up to the reality of the situation
kev374
Participant
-Minimum 660 FICO requirement-No more than 60 days past due on payments
-Must have at least 3% equity
This bailout is an eyewash. If a buyer had an exotic loan or teaser rate ARM it’s almost certain they haven’t built any equity!!
And there is an additional requirement that the purchase must be post 2005. Since that time housing values have only gone down so almost 100% of these people are upside down. Any equity requirements rules them out completely!
kev374
Participant
-Minimum 660 FICO requirement-No more than 60 days past due on payments
-Must have at least 3% equity
This bailout is an eyewash. If a buyer had an exotic loan or teaser rate ARM it’s almost certain they haven’t built any equity!!
And there is an additional requirement that the purchase must be post 2005. Since that time housing values have only gone down so almost 100% of these people are upside down. Any equity requirements rules them out completely!
kev374
Participant
-Minimum 660 FICO requirement-No more than 60 days past due on payments
-Must have at least 3% equity
This bailout is an eyewash. If a buyer had an exotic loan or teaser rate ARM it’s almost certain they haven’t built any equity!!
And there is an additional requirement that the purchase must be post 2005. Since that time housing values have only gone down so almost 100% of these people are upside down. Any equity requirements rules them out completely!
kev374
Participant
-Minimum 660 FICO requirement-No more than 60 days past due on payments
-Must have at least 3% equity
This bailout is an eyewash. If a buyer had an exotic loan or teaser rate ARM it’s almost certain they haven’t built any equity!!
And there is an additional requirement that the purchase must be post 2005. Since that time housing values have only gone down so almost 100% of these people are upside down. Any equity requirements rules them out completely!
kev374
Participant
-Minimum 660 FICO requirement-No more than 60 days past due on payments
-Must have at least 3% equity
This bailout is an eyewash. If a buyer had an exotic loan or teaser rate ARM it’s almost certain they haven’t built any equity!!
And there is an additional requirement that the purchase must be post 2005. Since that time housing values have only gone down so almost 100% of these people are upside down. Any equity requirements rules them out completely!
kev374
Participanthillary is a sh!thead. Plain and simple.
People buy stuff like automobiles, electronics etc. on “same as cash”, introductory, teaser rates etc. Why not bail them out as well or lock in their initial payments?
kev374
Participanthillary is a sh!thead. Plain and simple.
People buy stuff like automobiles, electronics etc. on “same as cash”, introductory, teaser rates etc. Why not bail them out as well or lock in their initial payments?
kev374
Participanthillary is a sh!thead. Plain and simple.
People buy stuff like automobiles, electronics etc. on “same as cash”, introductory, teaser rates etc. Why not bail them out as well or lock in their initial payments?
kev374
Participanthillary is a sh!thead. Plain and simple.
People buy stuff like automobiles, electronics etc. on “same as cash”, introductory, teaser rates etc. Why not bail them out as well or lock in their initial payments?
kev374
Participanthillary is a sh!thead. Plain and simple.
People buy stuff like automobiles, electronics etc. on “same as cash”, introductory, teaser rates etc. Why not bail them out as well or lock in their initial payments?
kev374
Participantlooks like communism is alive and well in the US of A
kev374
Participantlooks like communism is alive and well in the US of A
kev374
Participantlooks like communism is alive and well in the US of A
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