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

To: Roads End who wrote (13441)	3/23/2011 11:41:57 AM
From: Giordano Bruno	Read Replies (1) \| Respond to of 119360

Timmy will take all he can get. It's like gold. FED too. -g-

To: Roads End who wrote (13441)	3/23/2011 12:18:44 PM
From: Giordano Bruno	1 Recommendation Read Replies (2) \| Respond to of 119360

Just kidding with you. Everyone knows the entire scheme is built on fraud which has become so pervasive that it's completely replaced fundamentals and is now required to keep this POS market glued together.

To: Roads End who wrote (13441)	3/23/2011 1:30:51 PM
From: bentway	1 Recommendation Read Replies (2) \| Respond to of 119360

"At present, the average recovery out of RE foreclosures for lenders is in the region of 33%." Are mortgage bankers math-challenged Dumbfuckistais? You'd think with numbers like that, they'd attempt some serious loan modification negotiations, and if they could get one to where they'd recover 50% or more of the loans value, which a lot of defaulting homeowners would go for, they'd jump on it. Instead, they insist "a deal is a deal", and lose money! They DESERVE bankruptcy!