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lendingbubblecontinues
ParticipantI predict that the plural of the name Nostradamus will be Nostradamii;)
lendingbubblecontinues
ParticipantI’ll help ’em free of charge
lendingbubblecontinues
ParticipantI’ll help ’em free of charge
lendingbubblecontinues
ParticipantI’ll help ’em free of charge
August 14, 2007 at 1:11 PM in reply to: Oh my… Countrywide just set new rates (effective tomorrow)… #75068lendingbubblecontinues
Participant“Again, I appreciate watching the dialogue on this board and find most to be knowledgable — however, be careful to not just take what’s thrown out here as truth.”
Thanks for the concern there, but don’t you think most of us who have been coming here for a long time already ARE “careful not to take” just anything “as truth”?
C’mon….let’s be real here…you wanted someone to stomp all over your idea to buy real estate now so that you can further validate your decision to do so. “After all”, you might say to yourself, “those guys are just a bunch of bitter renters who are sour grapes”, right? Right?
Look at your “handle” for crying out loud…”stop the bubble hype”?!?!?! Are you really denying that there may have been more than just “hype” about a bubble? Was there a bubble or not??? Seriously, what’s your answer?
August 14, 2007 at 1:11 PM in reply to: Oh my… Countrywide just set new rates (effective tomorrow)… #75187lendingbubblecontinues
Participant“Again, I appreciate watching the dialogue on this board and find most to be knowledgable — however, be careful to not just take what’s thrown out here as truth.”
Thanks for the concern there, but don’t you think most of us who have been coming here for a long time already ARE “careful not to take” just anything “as truth”?
C’mon….let’s be real here…you wanted someone to stomp all over your idea to buy real estate now so that you can further validate your decision to do so. “After all”, you might say to yourself, “those guys are just a bunch of bitter renters who are sour grapes”, right? Right?
Look at your “handle” for crying out loud…”stop the bubble hype”?!?!?! Are you really denying that there may have been more than just “hype” about a bubble? Was there a bubble or not??? Seriously, what’s your answer?
August 14, 2007 at 1:11 PM in reply to: Oh my… Countrywide just set new rates (effective tomorrow)… #75191lendingbubblecontinues
Participant“Again, I appreciate watching the dialogue on this board and find most to be knowledgable — however, be careful to not just take what’s thrown out here as truth.”
Thanks for the concern there, but don’t you think most of us who have been coming here for a long time already ARE “careful not to take” just anything “as truth”?
C’mon….let’s be real here…you wanted someone to stomp all over your idea to buy real estate now so that you can further validate your decision to do so. “After all”, you might say to yourself, “those guys are just a bunch of bitter renters who are sour grapes”, right? Right?
Look at your “handle” for crying out loud…”stop the bubble hype”?!?!?! Are you really denying that there may have been more than just “hype” about a bubble? Was there a bubble or not??? Seriously, what’s your answer?
lendingbubblecontinues
ParticipantMBS buyers weren’t making money on the 1% teaser rate….they were “betting on the come”, so to speak. The banks made their origination fees, Wall Street made their securitization fees…now the MBS purchasers want delivery of the goods they paid for: interest payments at the reset rates, NOT teaser rates.
lendingbubblecontinues
ParticipantMBS buyers weren’t making money on the 1% teaser rate….they were “betting on the come”, so to speak. The banks made their origination fees, Wall Street made their securitization fees…now the MBS purchasers want delivery of the goods they paid for: interest payments at the reset rates, NOT teaser rates.
lendingbubblecontinues
ParticipantMBS buyers weren’t making money on the 1% teaser rate….they were “betting on the come”, so to speak. The banks made their origination fees, Wall Street made their securitization fees…now the MBS purchasers want delivery of the goods they paid for: interest payments at the reset rates, NOT teaser rates.
lendingbubblecontinues
ParticipantI agree, Bugs.
lendingbubblecontinues
ParticipantI agree, Bugs.
lendingbubblecontinues
ParticipantI agree, Bugs.
lendingbubblecontinues
ParticipantAlright.
Today may be the day that I finally use five minutes of spare time to pick up the phone and call this guy’s dumb ass out. (Karevoll)
His phone number was easy to find the last time I checked. Also, using zabasearch, I found his address to be some average tract home in San Bernardino or Riverside County. How this schmuck is continually trotted out as an authority is beyond me.
It’s time to start taking a stand (like we did with Chamberlin) and sending the message that lies and/or ignorance simply won’t be allowed to be spewed without vigorous challenges from “the masses”. (I’m kidding about “the masses”…somebody used it yesterday to describe us and our “group think” in here)
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