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

To: zebra4o1 who wrote (16556)7/15/2004 1:25:25 PM
From: Ramsey Su  Respond to of 110194
 
I agree about mtg management, regarding their cc.

Last qtr, they raised the issue of the stated income loans. I think it was the CEO who asked, rhetorically, that why would a regularly employed person pay 1/2 or more % for a stated income loan when they can easily produce a W2?



To: zebra4o1 who wrote (16556)7/15/2004 11:09:14 PM
From: ild  Respond to of 110194
 
RE: MTG
IMO they know well that they are doomed, but they (as everyone else) still hope that Greenjeans will somehow save them. When the market realizes that Greenjeans has lost his touch (and in fact never had one) then all hell will break loose.


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