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

To: zebra4o1 who wrote (29930)	4/3/2005 11:11:04 AM
From: redfish	Respond to of 110194

What he is not taking into account is that all these loans have to be securitized and sold off. While the originator may have continuing servicing agent duties and may have provided guarantees, the owners of the loans are now scattered throughout the world ... is the owner of the house going to write to all the owners of the securities and ask them for an extention or what?

To: zebra4o1 who wrote (29930)	4/3/2005 11:11:31 AM
From: Amelia Carhartt	Respond to of 110194

Yes, and dot.coms will rise to the moon Alice.

To: zebra4o1 who wrote (29930)	4/3/2005 2:03:59 PM
From: Jim McMannis	Respond to of 110194

RE:"If disaster does strike, he believes, the housing market will be propped up. "The real estate economy is too important to the country and the state," Stafford said. "Lenders don't want foreclosures. They'll introduce new loan products that will allow people to stay in their properties."" So screw it up and let the taxpayers keep it pumped up...it's the American way!