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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: steve from ihub who wrote (20213)1/19/2005 10:55:23 AM
From: blind-geezer  Read Replies (1) | Respond to of 60911
 
picked up some NAK at 4.10, a SPECULATIVE position ...

warning: you could lose all your money on this dude ...



To: steve from ihub who wrote (20213)1/19/2005 8:29:26 PM
From: TH  Read Replies (1) | Respond to of 60911
 
Steve,

I did see that and sent an article to my friend who works with fannie. He has not responded, but when he does I'm certain it will be some optimistic garbage about "making housing affordable for the people". I think Fannie may be a cult.

Your guess on principal is probably correct. Still more principal than a five year interest only <g>.

We know it will end badly. Just don't know when.

GT
TH