John Pitera's Market 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 : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hawkmoon who wrote (9084)	3/17/2008 9:10:24 AM
From: robert b furman	Read Replies (1) of 33421

Hi Hawk, You bet. If the mortgage goes bad - repo it and auction it off. Usually at least 25 -35 percent of the mortgage is the land value. As the accounting fiasco unwinds,there is real value that is being discarded by the fear factor. Forbes may be onto something - it at least pulls out the panic. There is real value on all of the properties - many of which have real people living in them and paying real money to satisfy the loan. Fed needs to sterilyze the loans and put liquidity back to the process. The fact that risk has been repriced will no doubt impact face value of loans until payout is achieved. Much like owning a bond that had a rate hike depress its value. Ride it till maturity and you get back face value. BWDIK Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next