[svelte]

We’re goin off the rails on this crazy train.

That’s not the figure that caught my eye the most…it was this one:

Clayton reported that subprime first lien average loss severity increased to 45.80 percent in February, up from 42.56 percent in January

Lenders are getting back only about 54 cents on the dollar when taking back a subprime home! (if I read that right)

[svelte]

We’re goin off the rails on this crazy train.

That’s not the figure that caught my eye the most…it was this one:

Clayton reported that subprime first lien average loss severity increased to 45.80 percent in February, up from 42.56 percent in January

Lenders are getting back only about 54 cents on the dollar when taking back a subprime home! (if I read that right)

[svelte]

We’re goin off the rails on this crazy train.

That’s not the figure that caught my eye the most…it was this one:

Clayton reported that subprime first lien average loss severity increased to 45.80 percent in February, up from 42.56 percent in January

Lenders are getting back only about 54 cents on the dollar when taking back a subprime home! (if I read that right)

[svelte]

?…in all other categories including wages…”

Uhh, you wanna bet on that one?

lol, I’m not sure enough to bet on it, I definitely could be wrong.

But with the dollar falling, demand for our goods worldwide should increase. Hopefully that will keep employment levels high enough to offset the job losses in construction and finance. Time will tell.

[svelte]

?…in all other categories including wages…”

Uhh, you wanna bet on that one?

lol, I’m not sure enough to bet on it, I definitely could be wrong.

But with the dollar falling, demand for our goods worldwide should increase. Hopefully that will keep employment levels high enough to offset the job losses in construction and finance. Time will tell.

[svelte]

?…in all other categories including wages…”

Uhh, you wanna bet on that one?

lol, I’m not sure enough to bet on it, I definitely could be wrong.

But with the dollar falling, demand for our goods worldwide should increase. Hopefully that will keep employment levels high enough to offset the job losses in construction and finance. Time will tell.

[svelte]

?…in all other categories including wages…”

Uhh, you wanna bet on that one?

lol, I’m not sure enough to bet on it, I definitely could be wrong.

But with the dollar falling, demand for our goods worldwide should increase. Hopefully that will keep employment levels high enough to offset the job losses in construction and finance. Time will tell.

[svelte]

?…in all other categories including wages…”

Uhh, you wanna bet on that one?

lol, I’m not sure enough to bet on it, I definitely could be wrong.

But with the dollar falling, demand for our goods worldwide should increase. Hopefully that will keep employment levels high enough to offset the job losses in construction and finance. Time will tell.

[svelte]

I’m betting we’ll see continued deflation in housing prices, but inflation taking off for the stars in all other categories including wages. Sooner or later, the twain shall meet.

[svelte]

I’m betting we’ll see continued deflation in housing prices, but inflation taking off for the stars in all other categories including wages. Sooner or later, the twain shall meet.

[svelte]

I’m betting we’ll see continued deflation in housing prices, but inflation taking off for the stars in all other categories including wages. Sooner or later, the twain shall meet.

[svelte]

I’m betting we’ll see continued deflation in housing prices, but inflation taking off for the stars in all other categories including wages. Sooner or later, the twain shall meet.

[svelte]

I’m betting we’ll see continued deflation in housing prices, but inflation taking off for the stars in all other categories including wages. Sooner or later, the twain shall meet.

[svelte]

That house and it’s neighbors back up to Carlsbad Village Drive, at the corner of Highland.

Jim Klinge had a big writeup on these homes a few weeks back. I think the consensus was the numbers never did work and that the developer is going to be lucky to break even.

They have been up for rent at times, also.

[svelte]

That house and it’s neighbors back up to Carlsbad Village Drive, at the corner of Highland.

Jim Klinge had a big writeup on these homes a few weeks back. I think the consensus was the numbers never did work and that the developer is going to be lucky to break even.

They have been up for rent at times, also.

[Author]

Posts