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

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To: loantech who wrote (57626)4/6/2006 7:49:46 PM
From: booyaka  Read Replies (1) of 110194
 
Most our borrowers are going 100% CLTV

If I was buying a house, I'd also go 100% LTV, nonrecourse all the way. Not because I don't have cash for a downpayment but because I'm not willing to risk being a bagholder. Btw, what does the C stand for in CLTV??
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