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


To: Ramsey Su who wrote (47416)12/15/2005 1:53:21 PM
From: mishedlo  Read Replies (2) | Respond to of 110194
 
Ramsey, you or Loantech have a breakdown on delinquency rates?
What I am looking for is 90 days past due or more and rates for sub-prine and interest only, etc etc e
This article only gives the basics

msnbc.msn.com

thanks - I want to do a blog on it
I am going to post on the RE board as well
Mish



To: Ramsey Su who wrote (47416)12/16/2005 6:22:29 PM
From: ggamer  Read Replies (1) | Respond to of 110194
 
I delivered a sofa set to a party in San Jose California a few days ago. The person was a web technician working for a company that creates web sites for mortgage companies ONLY. Their total staff is 40 people. He told me their business has slowed down a lot and everyone in his company are looking for jobs elsewhere.

I am amazed of how many people around me are employed by this boom.