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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Jon Matz who wrote (4601)	7/22/2002 7:44:40 PM
From: loantech	Read Replies (1) \| Respond to of 39344

Jon, I do fnma, fdmac, gnma loans and some non conforming. It all gets sold on the secondary market so share holders will eventually get screwed along with the banks. I am an employee so am not involved in decision making. Bankers don't think they can ever loan enough. LOL. I meant people should just pay cash for a cheaper car or TV or washing machine when they need one. Most people still have to borrow for a home. They just don't have much down payment today and are always trying to borrow more than they can afford. Tom