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The vast majority of mortgages written are not from subprime lenders. A quick google gave me figures from a couple years ago that said 10% of all mortgages are subprime. In order for your "usually" statement to be true it would have to apply to prime lenders as well.

Previously you wrote: To me, "usually" requires more than a few special cases; at the very least I think you stretched the truth to make your point when you wrote that.

Why can't you just call IB and ask them this question?

There really isnt an argument. The OP put up a false statement "that people buy a single family home strictly as a tax shelter" and then proceeded to discredit the same. This is the classic definition of a strawman argument. No one I know bought their home only because of the mortgage...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=66430 http://www.elitetrader.com/vb/showthread.php?s=&threadid=63265 http://www.elitetrader.com/vb/showthread.php?s=&threadid=61211

One thing that doesnt help is the number of crackpots in the field and the perpetual rumors of amazing inventions like a car that runs on water that the oil company's have supressed since it would lead to their demise. I just spent some time digging around about egaspower to try to find out...

:confused: Never seen or heard such a thing. We are talking about a residential mortgage right, not some sort of investment loan?

Ping measures round-trip network latency which has nothing to do with order execution delay. I don't understand which you are asking about.

Unless your situation is such that your state income taxes paid exceed the std deduction already, then any additional write-offs (like home interest deduction) are gravy. Its hard to make any analysis like this realistic without getting into the details of an individuals situations because...

A router will provide some protection from your PC. Right now you are directly connected to the internet so you are relying on your PC's software firewall to protect you. Personally I like hardware protection. A router with NAT isnt bulletproof but its a lot better then nothing. The next...

I don't understand your first post. Who ever said that buying a single family home strictly as a tax shelter was a good idea? The mortgage interest deduction certainly makes home ownership more affordable but most people buy a house because they want to live in one, not as a tax shelter...

Does your PC get a public internet address or does the supplied modem give it a non-routable address (e.g. 192.168.x.x), which would imply that its acting as a router as well. What neophyte321 suggested seems plausible if the former is true (your PC actually gets its IP directly from the...

I agree there is no sense worrying about it but if you really want it to change, leave your connection down for an extended period of time when you arent using it (say overnight), there is a good chance when you turn it back on you will get a different address. Also if your ISP is using DHCP...

(yawn)

That pretty much says it all. IB was uniquely in the position to detect (and potentially fix) the problem since it was between them and the bank yet they don't think they have an obligation to proactively detect and fix?

? 769.8 maybe ? (nice trade)

And it is the brokers responsibility to convey those states to the customer through the interface, thus making them not grey. Order and order cancellation pending aren't grey states - they are well defined. Not knowing that your order or cancel is still pending is a grey state - that is...

I have to agree with JR on this one, if all the user's guide says is then you cannot assume that the disappearence of an order management line is indication that the order was cancelled. Unless they say that is the only case when the line would disappear, which the quote above does not say...

I was going to call BS on these trades but decided to check first - ET is posting timestamps that are 4 minutes off, so when you made your first trade with a post timestamp of 9:41 EST (and ER2 was below 762) it was really 9:45...big difference on these fast trades. Just wanted to share in...

Don't bother, JR is the local IB apologist, they can do no wrong and every complaint about them is unfounded (or posted by a competitor posing a customer).