The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: russwinter who wrote (48729)	1/4/2006 1:36:42 PM
From: Ramsey Su	Read Replies (3) of 110194

I don't think CFC is regulated. I wonder how many subprime applications would be rejected under the guidelines. So the 2/28s facing recast may go to a regulated institution such as Long Beach or National City, only to be told they can't do these loans anymore. So they went down to Ditech and as the TV ad claims, it is easier than ordering pizza. "lost another loan to ditech"? It would be logical to assume that the MBS markets would reward guideline conforming mortgages/securities than non conformings. However, I am wondering if there will be any conforming loans. Many be loantech can tell us what percentage of the loans he sees will be rejected using the guidelines.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next