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

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To: Haim R. Branisteanu who wrote (7791)2/11/2004 7:42:41 PM
From: Canuck Dave  Read Replies (1) of 110194
 
You guys see this? A real howler.

post-gazette.com

Does it get any better (worse)? Actually, I saw two notes over on Prudent Bear tonight. First, you can now get a home equity line of credit card. Yes, no need to go through the hassle of refinancing. Second, Fannie and Freddie are extending their "Easy Terms" to the moribund trailer home industry.

Talk about the sub-prime market. Why buy a house no money down, when you can get a lovely mobile home. The US has gone mad. Stark, raving bonkers.

CD
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