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	<title>Comments for Mr. Mortgage's Guide to the TRUTH!</title>
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	<link>http://mrmortgage.ml-implode.com</link>
	<description>Your personal tour guide through the housing finance "misinformation maze".</description>
	<pubDate>Fri, 08 Aug 2008 00:50:44 +0000</pubDate>
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		<title>Comment on Record Foreclosures Sweep CA in July - Breaking News by James Matthews</title>
		<link>http://mrmortgage.ml-implode.com/2008/08/07/record-foreclosures-sweep-ca-in-july-breaking-news/#comment-4274</link>
		<dc:creator>James Matthews</dc:creator>
		<pubDate>Fri, 08 Aug 2008 00:49:45 +0000</pubDate>
		<guid isPermaLink="false">http://mrmortgage.ml-implode.com/?p=244#comment-4274</guid>
		<description>Whose ADMIN ?</description>
		<content:encoded><![CDATA[<p>Whose ADMIN ?</p>
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		<title>Comment on Mr Mortgage: Mortgage Modifications Part 2 - Being Forward Thinking by Mr. Mortgage&#8217;s Guide to the TRUTH! &#187; Record Foreclosures Sweep CA in July - Breaking News</title>
		<link>http://mrmortgage.ml-implode.com/2008/07/04/mr-mortgage-mortgage-modifications-part-2-being-forward-thinking/#comment-4273</link>
		<dc:creator>Mr. Mortgage&#8217;s Guide to the TRUTH! &#187; Record Foreclosures Sweep CA in July - Breaking News</dc:creator>
		<pubDate>Fri, 08 Aug 2008 00:20:20 +0000</pubDate>
		<guid isPermaLink="false">http://mrmortgage.ml-implode.com/?p=167#comment-4273</guid>
		<description>[...] Mr Mortgage: Mortgage Modifications Part 2 - Being Forward Thinking [...]</description>
		<content:encoded><![CDATA[<p>[...] Mr Mortgage: Mortgage Modifications Part 2 - Being Forward Thinking [...]</p>
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		<title>Comment on Record Foreclosures Sweep CA in July - Breaking News by admin</title>
		<link>http://mrmortgage.ml-implode.com/2008/08/07/record-foreclosures-sweep-ca-in-july-breaking-news/#comment-4272</link>
		<dc:creator>admin</dc:creator>
		<pubDate>Fri, 08 Aug 2008 00:06:46 +0000</pubDate>
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		<description>James - Tell Troy I said hi.</description>
		<content:encoded><![CDATA[<p>James - Tell Troy I said hi.</p>
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		<title>Comment on Record Foreclosures Sweep CA in July - Breaking News by od</title>
		<link>http://mrmortgage.ml-implode.com/2008/08/07/record-foreclosures-sweep-ca-in-july-breaking-news/#comment-4271</link>
		<dc:creator>od</dc:creator>
		<pubDate>Fri, 08 Aug 2008 00:05:48 +0000</pubDate>
		<guid isPermaLink="false">http://mrmortgage.ml-implode.com/?p=244#comment-4271</guid>
		<description>The swell is just coming in.  Surfs up!</description>
		<content:encoded><![CDATA[<p>The swell is just coming in.  Surfs up!</p>
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		<title>Comment on Mr Mortgage on Mortgage Modifications: You May Qualify! by Mr. Mortgage&#8217;s Guide to the TRUTH! &#187; Record Foreclosures Sweep CA in July - Breaking News</title>
		<link>http://mrmortgage.ml-implode.com/2008/07/02/mr-mortgage-on-mortgage-modifications-you-may-qualify/#comment-4270</link>
		<dc:creator>Mr. Mortgage&#8217;s Guide to the TRUTH! &#187; Record Foreclosures Sweep CA in July - Breaking News</dc:creator>
		<pubDate>Fri, 08 Aug 2008 00:05:26 +0000</pubDate>
		<guid isPermaLink="false">http://mrmortgage.ml-implode.com/?p=165#comment-4270</guid>
		<description>[...] Mr Mortgage on Mortgage Modifications: You May Qualify! [...]</description>
		<content:encoded><![CDATA[<p>[...] Mr Mortgage on Mortgage Modifications: You May Qualify! [...]</p>
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		<title>Comment on Moody&#8217;s &#038; Fitch Join S&#038;P in Massive Alt-A RMBS Downgrade Avalanche by Mr. Mortgage&#8217;s Guide to the TRUTH! &#187; Record Foreclosures Sweep CA in July - Breaking News</title>
		<link>http://mrmortgage.ml-implode.com/2008/08/04/moodys-fitch-absolutely-hammer-alt-a-rmbs-from-nearly-every-bank/#comment-4269</link>
		<dc:creator>Mr. Mortgage&#8217;s Guide to the TRUTH! &#187; Record Foreclosures Sweep CA in July - Breaking News</dc:creator>
		<pubDate>Fri, 08 Aug 2008 00:04:04 +0000</pubDate>
		<guid isPermaLink="false">http://mrmortgage.ml-implode.com/?p=235#comment-4269</guid>
		<description>[...] Moody&#8217;s &#38; Fitch Join S&#38;P in Massive Alt-A RMBS Downgrade Avalanche  [...]</description>
		<content:encoded><![CDATA[<p>[...] Moody&#8217;s &#38; Fitch Join S&#38;P in Massive Alt-A RMBS Downgrade Avalanche  [...]</p>
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		<title>Comment on Record Foreclosures Sweep CA in July - Breaking News by od</title>
		<link>http://mrmortgage.ml-implode.com/2008/08/07/record-foreclosures-sweep-ca-in-july-breaking-news/#comment-4268</link>
		<dc:creator>od</dc:creator>
		<pubDate>Fri, 08 Aug 2008 00:03:50 +0000</pubDate>
		<guid isPermaLink="false">http://mrmortgage.ml-implode.com/?p=244#comment-4268</guid>
		<description>JRB,

On a positive note, if you are not "banking" on your equity in your house, I don't think it will be that bad. Homes are not commodities, nor should they be traded like one.  True equity in real estate is when you own it outright, and have an actual asset on your hand making you money with a cash flow. 

The sheeple are losing their hides on this becuase they were gambling on equity. It's not a real profit until you cash-out.I see this tsunami as a giant wave, that will come once in a lifetime.  As a surfer, you better catch it, and capitalize on this historic event. Timing is everything.</description>
		<content:encoded><![CDATA[<p>JRB,</p>
<p>On a positive note, if you are not &#8220;banking&#8221; on your equity in your house, I don&#8217;t think it will be that bad. Homes are not commodities, nor should they be traded like one.  True equity in real estate is when you own it outright, and have an actual asset on your hand making you money with a cash flow. </p>
<p>The sheeple are losing their hides on this becuase they were gambling on equity. It&#8217;s not a real profit until you cash-out.I see this tsunami as a giant wave, that will come once in a lifetime.  As a surfer, you better catch it, and capitalize on this historic event. Timing is everything.</p>
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		<title>Comment on Record Foreclosures Sweep CA in July - Breaking News by James Matthews</title>
		<link>http://mrmortgage.ml-implode.com/2008/08/07/record-foreclosures-sweep-ca-in-july-breaking-news/#comment-4267</link>
		<dc:creator>James Matthews</dc:creator>
		<pubDate>Thu, 07 Aug 2008 23:57:51 +0000</pubDate>
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		<description>I think Real Estate Agents who tell people that "NOW" is a great time to buy should have a cactus shoved in their anus.</description>
		<content:encoded><![CDATA[<p>I think Real Estate Agents who tell people that &#8220;NOW&#8221; is a great time to buy should have a cactus shoved in their anus.</p>
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		<title>Comment on Record Foreclosures Sweep CA in July - Breaking News by James Matthews</title>
		<link>http://mrmortgage.ml-implode.com/2008/08/07/record-foreclosures-sweep-ca-in-july-breaking-news/#comment-4266</link>
		<dc:creator>James Matthews</dc:creator>
		<pubDate>Thu, 07 Aug 2008 23:56:27 +0000</pubDate>
		<guid isPermaLink="false">http://mrmortgage.ml-implode.com/?p=244#comment-4266</guid>
		<description>I think I'll kill myself right about now.</description>
		<content:encoded><![CDATA[<p>I think I&#8217;ll kill myself right about now.</p>
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		<title>Comment on Record Foreclosures Sweep CA in July - Breaking News by JRB</title>
		<link>http://mrmortgage.ml-implode.com/2008/08/07/record-foreclosures-sweep-ca-in-july-breaking-news/#comment-4264</link>
		<dc:creator>JRB</dc:creator>
		<pubDate>Thu, 07 Aug 2008 23:45:49 +0000</pubDate>
		<guid isPermaLink="false">http://mrmortgage.ml-implode.com/?p=244#comment-4264</guid>
		<description>They're happening faster than expected because of resets happening much sooner than agreed to.  This is because roughly 80% of people with Pay Option Arms are paying the "neg am" payment (going backwards) every month.  Also, Interest Only loans have thresholds as well.  Couple this with incedible price deflations and it's literally forcing lenders to reset rates WAY sooner than expected and throwing people into default/foreclosure at  record breaking pace never before seen.  Voila!!  Bullet train going downhill, with wind at its back, and greased tracks.  That's how fast this is unfolding.  

The Tsunami is upon us people and if you think you're on ground so high that the wave isn't going to engulf you too, you're delusional.  These happenings are going to devastate every upper-middle, middle, and lower-class group into oblivion.  Everyone and their pug is putting gum in the holes to stop the water, but there is no stopping it at this point.  

Thanks Bush, Cheney, Paulson, Bernanke, Greenspan, every Wall Street investment firm, Fannie, Freddie, every chartered bank, and sooo many others it makes me want to vomit!!!  We appreciate your TAKING EVERY LAST DOLLAR AND SEMBLENCE OF HOPE WE HAD LEFT!!!</description>
		<content:encoded><![CDATA[<p>They&#8217;re happening faster than expected because of resets happening much sooner than agreed to.  This is because roughly 80% of people with Pay Option Arms are paying the &#8220;neg am&#8221; payment (going backwards) every month.  Also, Interest Only loans have thresholds as well.  Couple this with incedible price deflations and it&#8217;s literally forcing lenders to reset rates WAY sooner than expected and throwing people into default/foreclosure at  record breaking pace never before seen.  Voila!!  Bullet train going downhill, with wind at its back, and greased tracks.  That&#8217;s how fast this is unfolding.  </p>
<p>The Tsunami is upon us people and if you think you&#8217;re on ground so high that the wave isn&#8217;t going to engulf you too, you&#8217;re delusional.  These happenings are going to devastate every upper-middle, middle, and lower-class group into oblivion.  Everyone and their pug is putting gum in the holes to stop the water, but there is no stopping it at this point.  </p>
<p>Thanks Bush, Cheney, Paulson, Bernanke, Greenspan, every Wall Street investment firm, Fannie, Freddie, every chartered bank, and sooo many others it makes me want to vomit!!!  We appreciate your TAKING EVERY LAST DOLLAR AND SEMBLENCE OF HOPE WE HAD LEFT!!!</p>
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