A peek inside the mortgage market...scarry ****! [General] - MarketTicker Forums


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User Info	A peek inside the mortgage market...scarry ****! in forum [General]
Travanx Posts: 2995 Incept: 2007-11-07 Downtown Los Angeleez, Killafornia	Where is the location for these loans (Zipcode)? And also what are the pure cash buyers doing? Squeak is asking the right questions right now. Doom and gloom in stupid areas, but not so much in the other areas is what I am seeing. Read the redfin forums for what is really happening out there. I am one of those asking for the logical reasoning for what's going on in certain zipcodes (90042 and 90065) in LA right now. There are a few other crazies too. ---------- What does that even mean? It's provocative. It gets the crowd going! 2012-07-10 05:21:29 Permalink
Bearshort Posts: 4537 Incept: 2007-09-13 NYC	Top Geograpic states: CA 25.45% AZ 18.7% fl 11.75% this is the LTV page from bloomberg ---------- Every day I'm more embarrassed and dismayed by my government. Last modified: 2012-07-10 10:13:47 by bearshort 2012-07-10 10:09:04 Permalink
Squeak Posts: 512 Incept: 2008-03-15	Interesting. Do you mind posting two more screens from that package, to help round out my understanding: - Original LTV (#10) - Original Loan Size (#13) 2012-07-10 16:49:48 Permalink
Lowbeyond Posts: 17125 Incept: 2008-02-11 CO aka West NJ/East CA	if someone wanted give me a 400% ltv loan and i will gladdly take it over and over and over again ! if be rich. heh ---------- Maybe it was a birdy bread-bomber from the future?! 2012-07-10 17:10:11 Permalink
Bearshort Posts: 4537 Incept: 2007-09-13 NYC	Sure tomorrow I'll post, I looked at Orig LTV it's about the same but will put up when I can. ---------- Every day I'm more embarrassed and dismayed by my government. 2012-07-10 17:25:53 Permalink
Squeak Posts: 512 Incept: 2008-03-15	Thanks, really curious to see the loan values. The straight LTV is just an interesting insight to see how many seconds are being rolled into this. 2012-07-10 18:03:32 Permalink
Themortgagedude Posts: 8898 Incept: 2007-12-17 saint louis Online	No seconds were rolled in. These evidently are harp loans and harp 2.0 doesn't allow them to be rolled in. ---------- I'm already visualizing you with duct tape over your mouth. 2012-07-10 18:16:01 Permalink
Squeak Posts: 512 Incept: 2008-03-15	OK, then the OTLV and CLTV will be identical. Thanks TMD. Loan values would be the most interesting stat then. Last modified: 2012-07-10 18:35:50 by squeak 2012-07-10 18:35:07 Permalink
Bearshort Posts: 4537 Incept: 2007-09-13 NYC	Orig LTV, Orig Loan Size ---------- Every day I'm more embarrassed and dismayed by my government. 2012-07-11 08:44:37 Permalink

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