Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: orkrious who wrote (25544)	1/30/2005 1:08:57 PM
From: loantech	Respond to of 110194

orkrious, An interesting note. On new FHA insured mortgages there will be no MIP refund for paying the loan off early in the 1st 7 years. As of about Dec. 8, 2004 for newly originated loans. They must be using up their insurance pool to cover defaults. tom

To: orkrious who wrote (25544)	1/30/2005 4:06:34 PM
From: Oblomov	Respond to of 110194

Those charts look nasty, no question about it. There may be some good shorts in that bunch, on a failed rally.

To: orkrious who wrote (25544)	1/30/2005 4:41:08 PM
From: stevenallen	Read Replies (1) \| Respond to of 110194

has anyone noticed the insurers of the credit bubble? they aren't looking too healthy Yes indeed - I'm presently short MBI & MTG and have the other three on my radar screen - can't fathom much upside risk in them

To: orkrious who wrote (25544)	1/30/2005 5:34:41 PM
From: zebra4o1	Respond to of 110194

Insurers of the credit bubble: I've got underwater LEAP puts on all of these. Maybe I'll break even if they drop 15%.