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

To: Les H who wrote (72965)	3/4/2007 2:14:28 PM
From: Bonefish	Respond to of 306849

ref'One Realtor said that buyers contributed to the problem, by wanting to "keep up with the Joneses," and to buy their dream homes: "Our clients were saying, 'Supersize Me!'' The Realtor was more than happy to deal them the french fries.

To: Les H who wrote (72965)	3/4/2007 5:08:37 PM
From: Qualified Opinion	Read Replies (2) \| Respond to of 306849

HSBC reportedly to write off $11 billion on U.S. mortgages By Steve Goldstein Last Update: 5:44 AM ET Mar 4, 2007 LONDON (MarketWatch) -- HSBC Holdings (HBC : HSBC Hldgs Plc will take a charge of $11 billion to cover the bad debts seen by its acquired Household division in the U.S., according to reports from the Sunday Times and Sunday Telegraph newspapers. HSBC reports its annual results on Monday. The bank recently issued its first profit warning over mounting bad debts in the U.S. Link: marketwatch.com