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To: chomolungma who wrote (174877)6/23/2003 1:37:32 PM
From: The Duke of URL©  Read Replies (2) of 186894
 
I think your comments, meant to assure, do not reflect anything close to the problem.

Ask yourself, would you lend me $250,000 today at 5.5% interest for THIRTY YEARS? I think not.

Then where do you think all this home mortgage money is coming from.

No amount of fancy buzzwords that the banks are using will cover this up for very much longer, and when Peter finally talks to Paul on this one, the consequences will be somewhat higher than your 2500 dollar loss limit.

But feel free to chime in anytime.
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