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: russwinter who wrote (46390)	12/1/2005 7:12:59 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 110194

We should be keeping this in mind....most Katrina-area homeowners were given 3 months grace on mortgage payments....that time has now run out, and delinquencies should start to soar: hosted.ap.org Much more detail in this piece: nola.com Just wondering....if a Katrina victim's mortgage loan has been securitized, can the originator or secondary buyer (CFC, FNM) allow endless restructuring? What does that do to the ultimate bagholder, errr, mortgage holder? Seems like these issues are about to be tested in a major way......and soon.