Search results

How in the hell do you get loans 20-25% above the appraised value. I've been a private mortgage lender for over 20 years. There's no way someone is going to get a 120-125% loan from me. To the lenders that did, I say tough shit. You're gonna get what you deserve.

By Ian C. Sayson and Pimm Fox Jan. 8 (Bloomberg) -- Marc Faber, who predicted the U.S. stock market crash in 1987, said global assets are poised for a ``severe correction'' and says it's time to sell. ``In the next few months, we could get a severe correction in all asset markets,'' Faber...

I missed this when it came out, but Bluehorseshoe hit the nail on the head. http://www.marketwatch.com/news/story/overstockcom-completes-40-million-common/story.aspx?guid=%7B127C5A2C%2D737D%2D428D%2DBBC8%2D5AC983464774%7D&sid=1149266&symb=

Well, I guess it could have been worse, he could have ordered a Caddy.

What does Wednesday bring? Why, opportunity, of course.

Slightly sarcastic perhaps, but nevertheless, very true.

http://www.rgemonitor.com/blog/roubini/167408/

Its my understanding that I believe beginning in January, the Michigan Consumer Confidence Survey is being underwritten by Reuters, and thus reported exclusively through them. Anyone know the cost and how to subscribe to it?

He was about as smart as Bernie Ebbers. He turned over all his assets, and still got 30 years. Catch me if you can.

Yep, you and me both. 24 years? They would have to catch me first. I would have had my stash of cash already set up long before the conviction.

$500,000 @ 7% for 50 years: At the end of 30 years, when most traditional mortgages are paid off, the home owner will still owe about $388,000. They will have paid $695,000 in interest during that time as well.

WRONG! It is precisely because of this volitility that a larger fractal period, not a smaller one must be used.

Don't really wanna make it tough, I just wanna tell you that I had enough. It might sound crazy, But it ain't no lie, Baby, bye, bye, bye N'Sync

= more cha ching for me.

Sounds like Jackie Mason impersonating Junior Samples. :D

Oh Bey? Funny. I think you mean Oy Vey, my yiddish friend. http://en.wikipedia.org/wiki/Oy_vey

Not so sure about that. Walmart sales weak. http://today.reuters.com/news/articlenews.aspx?type=businessNews&storyid=2006-11-25T165458Z_01_MOL550612_RTRUKOC_0_US-RETAIL-HOLIDAY.xml&src=rss&rpc=23

A typical flipper: ...The fun time has ended for Leonard and Joyce Sondheimer. In October 2005, the Bradenton couple bought a $338,900 MiraBay townhome on Aberdeen Pond Drive. The bayside investment home with stone counters, hardwood floors and stainless steel appliances was sure to...

Busted!!!!!!!!!!!!! Matthew B. Cox., a former Tampa mortgage broker who rose to the top of the most-wanted list by purportedly masterminding a multimillion-dollar mortgage fraud scheme, was captured Thursday by federal agents at a home he shared with his girlfriend in Nashville. Eluding...

Guess you didn't know he filed bankruptcy four times. http://time-proxy.yaga.com/time/magazine/printout/0,8816,747199,00.html