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


To: MulhollandDrive who wrote (106169)2/22/2008 11:57:13 AM
From: DebtBombRespond to of 306849
 
Nice site, thanks. Hedge fund investors thought they were smarter than Warren Buffet, ho ho ho.

'be greedy when others are fearful, and be fearful when others are greedy'



To: MulhollandDrive who wrote (106169)2/22/2008 12:08:58 PM
From: John VosillaRead Replies (3) | Respond to of 306849
 
'Judges in at least five states have stopped foreclosure proceedings because the banks that pool mortgages into securities and the companies that collect monthly payments haven't been able to prove they own the mortgages. The confusion is another headache for U.S. Treasury Secretary Henry Paulson as he revises rules for packaging mortgages into securities'

The dude in that $1.5M Boca Raton house of that article hasn't paid his mortgage in five years. This country is going down the drain due to the stupidity and arrogance of both the far left and far right.