Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James Clarke who wrote (6557)	4/2/1999 6:18:00 PM
From: TimbaBear	Read Replies (1) of 78656

In the residential mortgage business, underwriters qualify borrowers who get Adjustable Rate Mortgages (ARM)at 2% above note rate and this seems like a good, conservative cross-check on any variable debt (or, at least, the rate the note would have under the worst case scenario within one year from the latest adjustment)....if you looked at JRC's ARM debt from that perspective, is there still enough cushion in free cash flow for your comfort?.....I have not looked at any of their numbers....I'm fully invested in other companies and situations right now, so I'm not really looking for other opps just yet.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next