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

To: ild who wrote (46302)	11/30/2005 12:18:42 PM
From: ild	Read Replies (2) \| Respond to of 110194

Investment Outlook Bill Gross \| December 2005 Secrets pimco.com

To: ild who wrote (46302)	11/30/2005 12:19:21 PM
From: Ramsey Su	Respond to of 110194

ild, that is really really good stuff. This is my guess. It is probably NOT due to the hurricanes because all the major lenders had forebearance allowances for at least a few months. That should be hitting now and forward. The cure ratio is finally showing signs of normalcy. Cure ratio of 100% is simply unbelievable. That means the MIs paid a claim, take over the property and actually ended up with a profit. We should see the MIs having to set aside real reserves instead of cutting reserves to boost earnings as they did for the last few quarters. Now I got to go figure out how my simple post on credit card debt for a certain sector of the population ended up being a discussion on how to kill christian babies, or is it muslim babies? <gggg> Ramsey