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Non-Tech : Bill Wexler's Trading Cabana

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To: KaiserSosze who wrote (1831)	4/8/2007 8:00:15 AM
From: RockyBalboa	Read Replies (1) of 6370

Impac has posted the february factsheet: ir.impaccompanies.com The 60+delinquency stands now at 6.80%. This number is different to the 3.25% in 06 and 1.80% in 2004. It appears to be a direct consequence of many people having IO ARMs... (given that the economy steams at maximum employment levels). The amount of REOs and delinquent loans exceeds IMHs stated equity in January.

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