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

To: Giordano Bruno who wrote (122043)5/10/2008 2:06:35 PM
From: Broken_ClockRead Replies (3) | Respond to of 306849
 
***Breaking News(AP)5.10.08

Fannie Mae is pleased to announce as of trading Monday morning their new trading symbol will be KOD rather than the traditional FNM. A spokesman said, "Fannie has had too much unwarranted negative publicity in recent months and felt a new symbol would help assure the public that all was well with the largest repository of unsound loans in the world. When asked why KOD was chosen, the spokesman had no comment."



To: Giordano Bruno who wrote (122043)5/10/2008 4:52:48 PM
From: RockyBalboaRead Replies (3) | Respond to of 306849
 
Brilliant Jamie Dimon, you couldn´t have done better by yourself.


The program will allow refinancing loans of as much as 120% of the property value.


How will we coin the product?

Consumer Goodwill financing
American prosperity loans
Home value appreciation swaps?


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