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

To: ridingycurve who wrote (71223)10/6/2006 4:08:28 PM
From: loantech  Respond to of 110194
 
<Have no idea what the primary cause of default is today, but in this down cycle it might be inability to pay or recognition that the loan amount is greater than the home value. >

I think you are 100% right. Except it could get much worse this round as many buyers have very little if any equity.


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