SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?


To: Keith Feral who wrote (73314)2/27/2009 8:10:50 PM
From: arun geraRespond to of 118717
 
>but it seems very probable that modifications would enable banks to write up the value of their loans.>

That is if:

1. The banks wrote off all the decline in real estate market. Are the banks really valuing the $500,000 mortgage at $100,000 on their balance sheets.
2. The real estate market does not decline much further.

-Arun