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

To: BWAC who wrote (74512)3/22/2007 10:28:20 AM
From: Jim McMannisRespond to of 306849
 
RE:"Maybe they need to hire some full time maintenance staff and realtors."

Maybe banks will be allowed to get in the Realty business after all.



To: BWAC who wrote (74512)3/22/2007 1:01:51 PM
From: MulhollandDriveRespond to of 306849
 
Too big to fail.

ironic isn't it? the lowly sub-prime market big enough to affect overall lending environment

you know the old saying (paraphrasing now)

'you owe the bank $100K and default, it's your problem, you owe the bank $1M and you default, it's the bank's problem'

(multiply the numbers of toxic loans that are beginning to unravel)


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