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

To: Mick Mørmøny who wrote (87923)	9/2/2007 5:40:47 PM
From: nextrade!	Respond to of 306849

in the late 1970s, when Salomon Brothers, in the person of a banker named Lewis Ranieri, pioneered the mortgage security. An interesting but of trivia; thanks for posting this!

To: Mick Mørmøny who wrote (87923)	9/3/2007 10:25:26 AM
From: Sr K	Read Replies (1) \| Respond to of 306849

I know what an owner-occupied house is, but what's an "owner-occupied household"? <<In the golden age of American home buying — the years after World War II — savings-and-loan institutions or government agencies supplied returning G.I.’s with fixed 30-year mortgages.>> I don't recall 30-year mortgages in the 1940s, 1950s, or 1960s. When did they really start in the US? Looks like about April 1971. freddiemac.com So much for that "chartist" Charles Blow and that author Roger Lowenstein.