The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (86939)	8/24/2007 4:55:24 PM
From: MulhollandDrive	Read Replies (2) of 306849

while waiting on service for my car just now, they had the television on neil cavuto's program, he was interviewing the president of an outfit called hudson city mortgage, they were calling his company the 'anti-countrywide' because their portfolio of loans was quite strong (for now <g>) anyway he said you can still get a jumbo at 6.38 fixed (20% down) and when you go into the million plus range, they require 40% down... hsh.com mortgage meltdown? what meltdown.....they've been issuing mortgages like this all along, and they aren't in trouble....of course if you want to get a loan from them, you need verifiable income, good fico, and at least 10% down..... btw, the company is one of those babies thrown out with the mortgage meltdown bathwater and the stock is up over 20% in a month finance.yahoo.com

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