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

To: GraceZ who wrote (150323)	9/25/2008 2:54:32 PM
From: jrhana	Respond to of 306849

Interesting and sobering list. $.30 is about the maximum they pay. Generally they pay less. They are buying packages from failed companies and the price they pay depends on their judgement of the failed company. Not all bankrupt subprime companies are equal. <Speed is important, a house is a wasting asset.> They are going a mile a minute. My daughter was extremely busy from her first day. She is very efficient which is why she was among the first to be called back from layoff. The faster they can then resell these redone loans the sooner they can do more. Unfortunately I guess the problem is so huge that the government needs to step in. I can imagine that the government will be subcontracting out a lot of this, and that some nimble companies will make some good profits on this.