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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (26093)	2/21/2007 2:15:16 PM
From: Bridge Player	Read Replies (1) \| Respond to of 78753

Re: documentation on home equity line. If that reflects a more cautious stance by lenders, IMO it is something that is long overdue and to be applauded. The "creativity" shown in mortgage loans has been legendary for some years and no doubt contributed greatly to the housing bubble.

To: Madharry who wrote (26093)	2/21/2007 11:07:19 PM
From: a128	Read Replies (1) \| Respond to of 78753

I had AHM on my watch list when I saw a 5000 share insider buy by a director. Saw this on the yahoo board... Friedman Billings notes that last night subprime originator NovaStar Financial (NFI) reported disappointing 4Q results, which they say has weighed on the stock performance of AHM in today's trading. The firm maintains that AHM is a different story than NFI, due to: 1) AHM's prime / Alt-A portfolio; 2) lack of REMIC securitizations; and 3) the fact that AHM already reported in-line 4Q06 earnings. However, firm says, investors should be prepared for the volatility that they expect will come with owning mortgage-related stocks over the next few quarters. Im probably too uninformed/chicken to buy unless I see more insiders step up.