Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
RSS available
|
|
|
|
|
Detailed market commentary at The Market Ticker and Ticker Classics
(The Year 2011 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda) RSS available
|
||
| MarketTicker Forums Single Post Display (Show in context) |
User: Not logged on
|
| Top | Login | Control Panel | FAQ | Register | Logout |
| User Info | 16.5% of Home Equity Loans Delinquent; entered at 2007-12-01 20:24:14 | |||
|
Eleua Posts: 13547 Registered: 2007-07-05 N 47.72/ W 122.55 
|
Matt, Yes. THIS IS HUGE! Back in '04, I went through a Bainbridge neighborhood's property deeds. Almost every last one of them had a second, and a bunch had a third. Biggest writer? WaMu. WaMu was dead back then. We finally are getting invitations to the funeral. Second point... What's a well-to-do neighborhood doing taking out seconds and thirds? If you have the money, why borrow it? Where did it go? Can they service it? I think this will be beyond ugly. It will be fugly. 2007-12-01 20:24:14
| |||