The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Broken_Clock who wrote (76267)	4/18/2007 9:23:11 PM
From: Think4Yourself	Read Replies (2) of 306849

I was initially concerned about the FRE news. Buying 20B in subprime? Might that actually bail out the banking system? After awhile it occurred to me to look at your chart and see just how much in subprime loans are out there and about to reset. Quite enlightening. FRE's action is a thimble in a pail of water. I just hope the management of FRE isn't dumb enough to buy all the loans that are going to fail. The management of FRE hasn't exactly inspired confidence in the past and the current news doesn't inspire confidence in their abilities either.

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