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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: patron_anejo_por_favor who wrote (176945)1/13/2009 11:42:51 PM
From: Lizzie TudorRead Replies (1) of 306849
 
yeah ok smarty pants. I was just thinking that people that are current on their mortgages today are the best credit risks at this point. In other words let these current people refi to 4% with payment of a nominal fee (one point or something) and screw everybody else, screw the loan mods workouts what have you, because those people are already f-ed.

I'll bet you anything when all is said and done that people who are current as of 1.1.09 end up having the lowest default rates going forward of any group.
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