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 : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (22613)	2/1/2005 10:53:10 PM
From: John Vosilla	Respond to of 116555

<How about stated income ARM with 1% teaser rate?? I did not know that is possible with nonconforming paper. They do have a "Credit Comeback Loan" program that is pretty interesting but none of it would make sense in the bubble markets even with the 1% teaser. Countrywide and other sub prime lenders can't be that stupid to think prices will continue to rise in CA and offset the growing balance from negative amortization even if that teaser low start rate loan was offered? Earnings conference call tomorrow should be interesting.. fullspectrumlending.com