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


To: loantech who wrote (37012)7/26/2005 4:40:13 PM
From: John Vosilla  Read Replies (2) | Respond to of 110194
 
I tell you there are more and more mortgage broker radio shows on every day pumping all sort of no money down, smart loan, option ARM, interest only and new loans for foreigners, It does seem there is even more liquidity and capital available today than last year which is amazing as the yield curve has gone from very steep to almost flat.



To: loantech who wrote (37012)7/26/2005 5:07:46 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
This really is scary.

Supports the idea floated by CONTRARY INVESTOR a few weeks ago that massive overcapacity in the financial sector is a key reason why the credit and real estate bubbles have lasted so long.