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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (71944)12/3/2007 9:18:56 PM
From: Giordano Bruno  Respond to of 116555
 
>One of the problems is that in many cases, a W2 is required, and many of these homeowners are reluctant to provide one since they presumably lied about their income to qualify for a mortgage.<

Ameriquest is a harsh, bankrupt mistress. -g-



To: mishedlo who wrote (71944)12/3/2007 9:32:49 PM
From: pogohere  Read Replies (1) | Respond to of 116555
 
A guy's gotta really relish the idea that Paulson is gonna 'splain how this pans out in everyone's interest. He should go on Colbert's or Stewart's show. That would be entertainment!!!



To: mishedlo who wrote (71944)12/3/2007 9:45:13 PM
From: Crimson Ghost  Respond to of 116555
 
Global recession dead ahead

rgemonitor.com



To: mishedlo who wrote (71944)12/4/2007 12:21:27 AM
From: Sr K  Respond to of 116555
 
it will also stop short because the federal govt has to follow the Constitution, or at least it used to, and apply equal protection. They can't offer this to group 3 and not to groups 2 and 1. So nothing will happen forced by the federal govt. That makes it voluntary by lenders.


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