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To: ild who wrote (22607)2/1/2005 3:53:41 PM
From: John Vosilla  Read Replies (4) | Respond to of 116555
 
<I read that CFC is very aggressive in sub-prime -- the only place where margins are still pretty good. May be they want to keep those sub-prime loans on books using money from CDs>

How they can get someone with poor credit to qualify for a home in the bubble markets these days is perplexing. $500K at 8% for 30 yrs is $3668/month.



To: ild who wrote (22607)2/1/2005 7:12:44 PM
From: Earlie  Read Replies (1) | Respond to of 116555
 
Ild:

<short CFC>

So am I and comfortable as a bug in a rug with it. (g)

Best, Earlie


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