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


To: mishedlo who wrote (79805)6/5/2008 1:29:42 AM
From: koan  Read Replies (1) | Respond to of 116555
 
Not too temporary. We were just notified by the banks they would no longer insure condo's unless they are FHA approved.

Most are not!



To: mishedlo who wrote (79805)6/5/2008 10:20:06 AM
From: Jim McMannis  Respond to of 116555
 
Temporary as in "Won't be around" in the future. Not anywhere near their former selves anyway.



To: mishedlo who wrote (79805)6/5/2008 2:25:21 PM
From: koan  Respond to of 116555
 
MBAC and other mortgage insurance just had their rating cut from AAA to AA!!!!