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

To: Perspective who wrote (209374)	7/6/2009 11:58:34 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 306849

THis begs the question; which of those events is public observable? all other would contain inside information not to be used in trading the stock.

To: Perspective who wrote (209374)	7/6/2009 12:26:39 PM
From: Smiling Bob	Respond to of 306849

Prudent banker ---- Q. What did you avoid? A. We didn’t touch subprime. We exited speculative construction lending at the end of 2005. And we were very selective about everything but in particular commercial real estate lending. Q. I understand commercial lending had its own form of stated income lending? A. We didn’t do any of that, but yes you are right. That’s doing so much on ‘pro forma,’ or projected future revenue (i.e. estimated rent from a property). We underwrote on historical, factual income, not hope.Hope is not a strategy.