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Politics : Welcome to Slider's Dugout

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To: Broken_Clock who wrote (6380)	9/12/2007 10:35:25 PM
From: Mannie	Read Replies (1) of 50037

from your link "The sudden queasiness of lenders has cast a pall over the once-robust real estate market in the last six weeks, [Stephen Cowan, a DLA Piper real estate partner] and other lawyers report. Deals have been interrupted mid-stride. Some have been re-jiggered and others have just died." like I said, the overreation of lenders may be more dangerous than the actual foreclosures. The pendulum swings into the silly zone in both directions, from crazy loose lending to crazy tightening. I still am hearing stated income loans being advertised on the radio..

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