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


To: CalculatedRisk who wrote (234531)12/28/2009 11:42:17 AM
From: John ChenRespond to of 306849
 
" Les, yeah - loose lending standards has been part of the government effort to support housing prices "

Irresponsibility is encouraged / adored.

Won't apologise for it.

AWESOME.



To: CalculatedRisk who wrote (234531)12/28/2009 11:49:18 AM
From: patron_anejo_por_favorRespond to of 306849
 
The key CR is the phrase "scheduled to end".

If there are more signs of weakness, do you think the current gubmint and Fed in particular would hesitate for even a second to kick the can down the road further? A rolling loan gathers no loss, as one wit on the thread has said.....