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


To: Wowzer who wrote (91375)10/5/2007 8:23:35 AM
From: Elroy JetsonRespond to of 306849
 
That shows how serious the problem is. .

Convert Loans To Fixed Rates, FDIC Head Says

similar story denverpost.com
.



To: Wowzer who wrote (91375)10/5/2007 9:51:55 AM
From: 10K a dayRespond to of 306849
 
>>wholesale conversions of certain adjustable-rate subprime loans into fixed-rate products to prevent major housing problems from escalating.
<<

What a bunch of happy crap that is! Like that's gonna happen in a million years!! Lenders et al are going to sue for every last penny of penalty interest late fees ect ect ect. Then it's jam ding your credit time. It's not going to be pretty.



To: Wowzer who wrote (91375)10/20/2007 4:58:12 PM
From: Live2SailRespond to of 306849
 
OT:

Rory, thanks for email. PM me a non-SI email, and I'll tell you what's up with the state of the market.

L2S