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To: Dr. Jeff who wrote (131998)	10/30/2001 11:19:41 PM
From: LLCF	Read Replies (1) \| Respond to of 436258

LOL, I thought everything was fine in realestate land??? NOT! DAK

To: Dr. Jeff who wrote (131998)	10/30/2001 11:31:54 PM
From: NOW	Respond to of 436258

I am reasonably sure that we will approach dead loans the way Japan has: sweep them under the 0% interest rate rug for as long as is humanly possible. I see it here in Hawaii already. The #'s of foreclosures actually appears to be shrinking despite the economy being in the toilet....

To: Dr. Jeff who wrote (131998)	10/31/2001 12:43:52 AM
From: Les H	Read Replies (1) \| Respond to of 436258

Congress also proposed two bills over the weekend to facilitate more interest deductions: deductibility of mortgage interest for tax filers who use the standard deduction, and the deductibility of consumer interest up to $ 10,000 a year. Mortgage Bankers Assn is sponsoring the first bill.