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

To: ild who wrote (26638)2/17/2005 10:53:37 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
I think PMI is avoided by using the HELOCs for the 20% down?



To: ild who wrote (26638)2/17/2005 11:54:09 AM
From: Ramsey Su  Read Replies (1) | Respond to of 110194
 
wow, I hope you guys are listening to the greenspan show.

He pretty much came out and said short fre and fnm. (my translation of greenspeak)

The message is about as clear as he has ever delivered.

Speaking of the MIs, if Congress listened to greenie and severly limit the portfolio size of fre and fnm, the MIs could be losing their biggest customer. As we already know, a lot of the Heloc and more creative financing tools already cut out the need of MI.


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