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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (11536)7/9/2003 2:35:21 PM
From: Les HRead Replies (1) | Respond to of 306849
 
one way is to allow troubled accounts to refinance to pull cash out and/or reduce the monthly payments. didn't the feds authorize some forebearance on mortgages after 9/11 so that up to one year of payments could be skipped and just tacked onto the end of existing mortgages? i posted an earlier article whereby homeholders could refinance rather than go into foreclosure. their last option would be sell the house while they had bubble equity from the 2001-20002 runup.



To: Jim McMannis who wrote (11536)7/9/2003 4:46:27 PM
From: patron_anejo_por_favorRespond to of 306849
 
<<The question remains, what's the next bubble that's going to hold up the economy should the RE market peter out>>

Gas 'N Gold ('N maybe guns, but I'd prefer to hold out hope that it won't be).


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