SI
SI
discoversearch

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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (15969)6/28/2004 10:49:55 PM
From: ild  Read Replies (1) | Respond to of 110194
 
My guess is that after huge refi explosion in 2003 this industry has too much capacity, too much competition
and therefore much lower margins. WM with it's bloated structure has lost to more nimble, aggressive players.

Example. In Sunday LA Times Washington Mutual Beverly Hills branch advertised 1.25% ARM loan. How can they make money if they lend for 1.25%?


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News