Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: reaper who wrote (204840)	11/17/2002 3:51:15 PM
From: ild	Read Replies (2) of 436258

From RDN 10-Q biz.yahoo.com PRIMARY INSURANCE Alt A: September 30 June 30 September 30 ($ thousands, unless specified otherwise) 2002 2002 2001 Number of insured loans 86,576 85,018 48,564 Number of loans in default 4,767 3,790 1,637 Percentage of total loans in default 5.51% 4.46% 3.37% From last year they increased ALT A loans by 78% but only 1.8% in the last quarter. Is that a sign of a credit withdrawal from ALT A creditors or something else? MTG 10 Q doesn't have this detailed information biz.yahoo.com General consideration: they are having trouble with houses appreciating at a record pace, what is going to happen if houses stop appreciating or, god forbid, start declining?

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