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: Paul Senior who wrote (27452)	7/26/2007 5:40:45 AM
From: Madharry	Read Replies (1) \| Respond to of 78753

RAS- my current take on ras fwiw is that their packages are more illiquid now so its gonna cost them more to sell. therefore they will have apricing problem on loans where they committed to a set interest rate but did not sell yet. Therefore I believe that they will be reducing their dividend at some point but I dont see them going bankrupt. They will adjust like everyone else, and may end up packaging differently but I think they stay in business and make money. I Plan on avoiding anything else to do with the home, and retail for the time being. There are just too many houses on the market. The only people I hear selling their houses are the very wealthy or people who drop their price a lot, other than that I know several people who are now carrying 2 mortgages they never intended to. My brother in law is a small contractor in colorado- his clients have delayed several projects but he has a crew who depends upon him for employment so he built a spec house he's trying to sell. How many other homebuilders are in the same boat? I would not touch the homebuilders until we see bankruptcies in the business.