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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Bob Rudd who wrote (21994)	9/6/2005 3:05:52 PM
From: Zoro	Respond to of 78735

my guess is that the banks have sold the mortgages to fannimae or freddi mac which in turn has packaged them and sold them off in large pools

To: Bob Rudd who wrote (21994)	9/6/2005 3:59:32 PM
From: Paul Senior	Respond to of 78735

re: Katrina/mortgages Yes, I also figure whoever's left holding the mortgages after the companies pass them off from one to another will be stuck. Mr. Calamos, interviewed on Bloomberg TV this a.m., said he had and liked FNM as a short. --------------------- With FUD, I've closed my position in reinsurer PXT today. Could be a possible short; I do not know. finance.yahoo.com