The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (192)	7/14/2003 11:44:39 AM
From: Ramsey Su	Read Replies (3) of 110194

MTG and the MI companies are obviously, a little difficult for the masses to understand. MTG should be down 10 points on today's news. What I was more interested in was the state of the real estate market. It is quite clear that deliquencies are rising and the cure rate falling. When I was in the real estate business, the cure rate was practically zero, so the MI companies simply pay the entire claims. If you have not listened to the cc, try to catch the replay if available. Now on to BAC. biz.yahoo.com Mortgage related revenue skyrocketed. So that is going to stay at this level indefinitely? You can draw your own conclusion. Ramsey

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