ALT-A DISASTER LOOMING – KNOW THE FACTS
Posted on April 17th, 2008 in Mr Mortgage's Personal Opinions/Research
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April 18th, 2008 10:42 am
Ouch!
What can be done? The problem is just too big and no one is in a position to be able to help. Everyone seems to be under some kind of financial duress, even the governments.
April 19th, 2008 9:05 am
At the end of this video you say:
The housing market cannot withstand Alt A loans doing what the subprime loans did. This is an emergency. It needs to be addressed.
What do you recommend?
April 19th, 2008 11:16 am
Nothing…let the wave hit the shore full force and wash out all the liars who couldn’t really afford the homes in the first place. Then house prices reset to an affordable level again using conservative lending standards that were in place a decade ago.
May 5th, 2008 1:58 pm
[...] ALT-A DISASTER LOOMING – KNOW THE FACTS [...]
May 5th, 2008 3:34 pm
There must be absolute transparency in real estate financing. Those who are holding and not disclosing hoping that real estate prices will increase are in complete denial. There will be no significant appreciation, at least in SoCal, for several years. Prices still have quite a ways to come down before they level off and have any chance of going up.
JWM in SD has it completely right
May 13th, 2008 12:57 pm
[...] http://mrmortgage.ml-implode.com/2008/04/17/alt-a-disaster-looming-know-the-facts/ [...]
May 22nd, 2008 12:10 am
[...] ALT-A Disaster Looming – Know The Facts!a>How Much Home Can You Afford? Are you Sure! [...]
May 28th, 2008 8:14 pm
[...] you watch the video I did last month called ‘ALT-A Disaster Looming, Know the Facts’ I go over the loan characteristics of the ALT-A universe and while much is identical to subprime, [...]
May 30th, 2008 4:19 pm
[...] ALT-A Disaster Looming – Know the Facts! [...]
June 13th, 2008 11:43 pm
[...] ALT-A Disaster Looming – Know the Facts! [...]
June 18th, 2008 10:10 am
[...] ALT-A Disaster Coming Soon – Know the Facts. [...]
June 19th, 2008 1:51 pm
[...] ALT-A Disaster Looming – Know the Facts! [...]
June 25th, 2008 10:59 am
[...] ALT-A Disaster Looming – Know the Facts! [...]
June 30th, 2008 12:51 pm
[...] ALT-A Disaster Looming – Know the Facts! [...]