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 (46556)	12/4/2005 11:54:31 AM
From: Ramsey Su	Read Replies (1) \| Respond to of 110194

Feb 1 2006 - G.R.E.B.B. DAY (Greenspan real estate bubble bursting day) I believe FICO is misused and over used. FICO is a basically a numeric reflection of credit usage and repaying history under a set of circumstances. These circumstances are dynamic and will greatly alter the behavior of individuals. Debt income ratios, on the other hand, are based on reasonable and logical assumptions. How much should a typical household spend on housing, cars, food etc etc. FICO scores have dominated underwriting standards in recent years while debt/income ratios have been bypassed via state income or simply ignored. When times get tough, household cashflow will dictate their ability to pay, not their FICO score. This is a long way of saying that I agree with you. I have always been curious as to what percentage of the population is at what fico score. We will soon find out how FICO scores will change when the economic conditions change.

To: russwinter who wrote (46556)	12/4/2005 12:03:22 PM
From: John Vosilla	Respond to of 110194

"Bully is exposed because his worth, job (half the job growth in Calf since 9/11 is RE and construction, financial related), Bubble location, etc is directly linked to the credit and housing Bubbles. He's the guy with the unused "vacation property", and condo flip in San Diego. He owns stock in WFMI, JWN and SBUX. He is a walking friggin timebomb" Life in the fast lane as he sits sipping his cafe latte in Starbucks frantically trying to make the numbers work from his handheld device while talking to his realtor on the cell..