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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (60210)8/18/2006 2:49:38 PM
From: Drygulch DanRespond to of 306849
 
Well that means the "homeowner" is just a "homerenter" at a nicely subsidized rate. They will probably walk when the going gets tougher and the lender can fan the air with its undeliverable letters threatening further action. I don't see much recourse for the lender.



To: CalculatedRisk who wrote (60210)8/18/2006 3:45:25 PM
From: gladmanRespond to of 306849
 
>>To head off potential problems<<

That's called a Targeted Marketing Campaign. Sell fear then sell the solution - REFI with CFC. Brilliant.