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

To: Broken_Clock who wrote (76267)	4/18/2007 4:13:41 PM
From: Think4Yourself	Read Replies (3) \| Respond to of 306849

It's interesting that almost all the subprime ARM's are resetting in the next two years, and almost none of the prime ARM's are resetting in the next two years. We also appear to be in a lull right now and ARM related foreclosures are going to spike up and stay up this summer.

To: Broken_Clock who wrote (76267)	4/18/2007 5:55:39 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

Wow, that's a handy dandy chart. Looks like "max pain" for resets is gonna be around December-January....

To: Broken_Clock who wrote (76267)	4/18/2007 9:23:11 PM
From: Think4Yourself	Read Replies (2) \| Respond to of 306849

I was initially concerned about the FRE news. Buying 20B in subprime? Might that actually bail out the banking system? After awhile it occurred to me to look at your chart and see just how much in subprime loans are out there and about to reset. Quite enlightening. FRE's action is a thimble in a pail of water. I just hope the management of FRE isn't dumb enough to buy all the loans that are going to fail. The management of FRE hasn't exactly inspired confidence in the past and the current news doesn't inspire confidence in their abilities either.