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Strategies & Market Trends : Classic TA Workplace

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To: Shack who started this subject	9/17/2002 12:41:45 PM
From: morokko65	Read Replies (1) of 209892

Fannie (FNM) & Countrywide (CCR) getting hit ... Trouble in Real Estate paradise looming? From CBS market watch: ...About 1.23 percent of all U.S. mortgages were somewhere in the foreclosure process during April, May and June, the MBA said. That's the highest rate since the group began tracking the data in 1972. The previous record for loans in the foreclosure process was 1.14 percent in the first quarter of 1999. Any ewave insight into where FNM's final destination will be? I have my Jan '04 southbound train tickets all aboard!

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