[temeculaguy]

I’m torn, I agree with socratt and huckleberry and zeitegist all at the same time. I’ve heard it too many times to believe it, I’ve also seen every zig be met with a zag so likely there will be some form of intervention but I also realize that jumbo’s are not politically correct. It’s one thing to see some poor janitor and his 5 kids on the news being tossed out and everyone feeling sorry for them, but quite another for the million dollar home crowd having to load the bmw’s with all their posessions, the press would attack the gov’t if they bailed these folks out.

The only thing that doesn’t make sense is the size of the crowd that has prime jumbo loans and job losses. I’m sure there are plenty, but are there really millions? Most of the unemployed in the numbers between the good days of 5% unemployment and today’s 11% unemployment were the marginally employed and recently employed, not all but most. The demographic that takes prime jumbo’s tends to be better employed and better equipped to become re-employed, they took a hit but a smaller one thus far. Not enough for a theory, but it does raise some doubts that this comes to fruition like subprime did.

[temeculaguy]

I’m torn, I agree with socratt and huckleberry and zeitegist all at the same time. I’ve heard it too many times to believe it, I’ve also seen every zig be met with a zag so likely there will be some form of intervention but I also realize that jumbo’s are not politically correct. It’s one thing to see some poor janitor and his 5 kids on the news being tossed out and everyone feeling sorry for them, but quite another for the million dollar home crowd having to load the bmw’s with all their posessions, the press would attack the gov’t if they bailed these folks out.

The only thing that doesn’t make sense is the size of the crowd that has prime jumbo loans and job losses. I’m sure there are plenty, but are there really millions? Most of the unemployed in the numbers between the good days of 5% unemployment and today’s 11% unemployment were the marginally employed and recently employed, not all but most. The demographic that takes prime jumbo’s tends to be better employed and better equipped to become re-employed, they took a hit but a smaller one thus far. Not enough for a theory, but it does raise some doubts that this comes to fruition like subprime did.

[temeculaguy]

I’m torn, I agree with socratt and huckleberry and zeitegist all at the same time. I’ve heard it too many times to believe it, I’ve also seen every zig be met with a zag so likely there will be some form of intervention but I also realize that jumbo’s are not politically correct. It’s one thing to see some poor janitor and his 5 kids on the news being tossed out and everyone feeling sorry for them, but quite another for the million dollar home crowd having to load the bmw’s with all their posessions, the press would attack the gov’t if they bailed these folks out.

The only thing that doesn’t make sense is the size of the crowd that has prime jumbo loans and job losses. I’m sure there are plenty, but are there really millions? Most of the unemployed in the numbers between the good days of 5% unemployment and today’s 11% unemployment were the marginally employed and recently employed, not all but most. The demographic that takes prime jumbo’s tends to be better employed and better equipped to become re-employed, they took a hit but a smaller one thus far. Not enough for a theory, but it does raise some doubts that this comes to fruition like subprime did.

[temeculaguy]

I’m torn, I agree with socratt and huckleberry and zeitegist all at the same time. I’ve heard it too many times to believe it, I’ve also seen every zig be met with a zag so likely there will be some form of intervention but I also realize that jumbo’s are not politically correct. It’s one thing to see some poor janitor and his 5 kids on the news being tossed out and everyone feeling sorry for them, but quite another for the million dollar home crowd having to load the bmw’s with all their posessions, the press would attack the gov’t if they bailed these folks out.

The only thing that doesn’t make sense is the size of the crowd that has prime jumbo loans and job losses. I’m sure there are plenty, but are there really millions? Most of the unemployed in the numbers between the good days of 5% unemployment and today’s 11% unemployment were the marginally employed and recently employed, not all but most. The demographic that takes prime jumbo’s tends to be better employed and better equipped to become re-employed, they took a hit but a smaller one thus far. Not enough for a theory, but it does raise some doubts that this comes to fruition like subprime did.

[temeculaguy]

Not sure if it fits the piggington/ocrenter definition of shadow inventory (vacant/foreclosed homes owned by the bank and not being listed) but it does represent an interesting dynamic for my brothers and sisters in sd, la and oc who have not been able to enjoy the meltdown and find 50% off peak homes and who can’t find 30% off without a fight.

So the shift according to diana’s piece is jumbo prime not making their payments are going to get tossed out and resold. This already happened in subprime, and to some extent alt a, but it’s now jumbo prime’s turn. The pain train now has scheduled it’s final stops.

[temeculaguy]

Not sure if it fits the piggington/ocrenter definition of shadow inventory (vacant/foreclosed homes owned by the bank and not being listed) but it does represent an interesting dynamic for my brothers and sisters in sd, la and oc who have not been able to enjoy the meltdown and find 50% off peak homes and who can’t find 30% off without a fight.

So the shift according to diana’s piece is jumbo prime not making their payments are going to get tossed out and resold. This already happened in subprime, and to some extent alt a, but it’s now jumbo prime’s turn. The pain train now has scheduled it’s final stops.

[temeculaguy]

Not sure if it fits the piggington/ocrenter definition of shadow inventory (vacant/foreclosed homes owned by the bank and not being listed) but it does represent an interesting dynamic for my brothers and sisters in sd, la and oc who have not been able to enjoy the meltdown and find 50% off peak homes and who can’t find 30% off without a fight.

So the shift according to diana’s piece is jumbo prime not making their payments are going to get tossed out and resold. This already happened in subprime, and to some extent alt a, but it’s now jumbo prime’s turn. The pain train now has scheduled it’s final stops.

[temeculaguy]

Not sure if it fits the piggington/ocrenter definition of shadow inventory (vacant/foreclosed homes owned by the bank and not being listed) but it does represent an interesting dynamic for my brothers and sisters in sd, la and oc who have not been able to enjoy the meltdown and find 50% off peak homes and who can’t find 30% off without a fight.

So the shift according to diana’s piece is jumbo prime not making their payments are going to get tossed out and resold. This already happened in subprime, and to some extent alt a, but it’s now jumbo prime’s turn. The pain train now has scheduled it’s final stops.

[temeculaguy]

Not sure if it fits the piggington/ocrenter definition of shadow inventory (vacant/foreclosed homes owned by the bank and not being listed) but it does represent an interesting dynamic for my brothers and sisters in sd, la and oc who have not been able to enjoy the meltdown and find 50% off peak homes and who can’t find 30% off without a fight.

So the shift according to diana’s piece is jumbo prime not making their payments are going to get tossed out and resold. This already happened in subprime, and to some extent alt a, but it’s now jumbo prime’s turn. The pain train now has scheduled it’s final stops.

[temeculaguy]

As winter approaches, this reo strategy from last year may come in handy.

http://piggington.com/tg_closes_escrow

The original post and one near the end may offer some guidance when dealing with reo’s.

[temeculaguy]

As winter approaches, this reo strategy from last year may come in handy.

http://piggington.com/tg_closes_escrow

The original post and one near the end may offer some guidance when dealing with reo’s.

[temeculaguy]

As winter approaches, this reo strategy from last year may come in handy.

http://piggington.com/tg_closes_escrow

The original post and one near the end may offer some guidance when dealing with reo’s.

[temeculaguy]

As winter approaches, this reo strategy from last year may come in handy.

http://piggington.com/tg_closes_escrow

The original post and one near the end may offer some guidance when dealing with reo’s.

[temeculaguy]

As winter approaches, this reo strategy from last year may come in handy.

http://piggington.com/tg_closes_escrow

The original post and one near the end may offer some guidance when dealing with reo’s.

[temeculaguy]

For the first time ever, i’m with patb! My geekish roots are firmly entrenched with the shuttle, but like all things, technology changes, it’s actually kinda suprising they made it this far. One of my fondest memories will always be driving out to edwards afb to see it land, here’s a recap. My cousin drove a vehicle that got 8 mpg to the landing strip and we listened to some tunes on 8 track during the journey and somehow there is a connection to the end of the world that the shuttle is retiring?

[Author]

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