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Mr Mortgage - HERE COMES THE ALT-A CRISIS

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Visit my new blog... http://mrmortgage.ml-implode.c... Mortgage Exposes ALT-A Crisis Coming to a City Near You Soon

Channel: People & Blogs
Uploaded: December 31, 1969 at 6:59 pm
Author: markmti

Length: 10:00
Rating: 4.92
Views: 45354

Tags: Alt-A  banks  Bear  Chase  economy  estate  Fargo  foreclosure  Lehman  loan  Mortgage  Mr  real  recession  Stearns  Subprime  Wells  

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bacaca88 (December 31, 1969 at 6:59 pm)
Just get ur credit card out as normal. Stop worryin. Can always pay next month. Who needs cash? Get on the dole and enjoy life. Its what you all deserve in Uk for fucking the place up.
BLACKWINGEDBEING (December 31, 1969 at 6:59 pm)
Great real info!!!!
mikeybrumbrum (December 31, 1969 at 6:59 pm)
AND.. isnt it the same as us, the peopel, since we are the ones who are payng this "bail out" fee, paying MORE for all our mortgages ??Its a con, and ht epeopel who made the con, should be brought to justice !!!!
mikeybrumbrum (December 31, 1969 at 6:59 pm)
They lent LOTS of money so that house prices would increase dramaticaly.Then, they sold people "EQUITY RELEASE", so that they could BUY half yur house off you. NOW, they say there is a crisis, so the house price will fall - SOON they will own your WHOLE house (or anyone who had equity release, anyway).So, WHO is gonna bail me out of my "equity release" problems, which could lead to me losing the WHOLE of my house, to these bankers ??NO oNE, thats who !NOOOOOOOOOOOOOOOOO !!!
dojufitz (December 31, 1969 at 6:59 pm)
He makes some good points here - thanks for talking slower in this one - others are like manic talk SPEED!! lol...
migrane222 (December 31, 1969 at 6:59 pm)
If this guy is correct, then watch e*trade (ETFC). See if its rally starts to roll over. It is one of the few banks he mentions by name in his posts, and though he doesn't say it directly, he obviously thinks its doomed.
migrane222 (December 31, 1969 at 6:59 pm)
First the earnings were terrible, but they did beat expectations, and for pps that's all that matters. In fact, the financials probably will continue to rally. The point he is making is that we are between storms and the next one is bigger and about to pick up momentum.
freddytuber (December 31, 1969 at 6:59 pm)
How come they just now posted good earnings and even raised dividends? Are they lying?
javawhz (December 31, 1969 at 6:59 pm)
spot on!! terrific information, thanks!
nasafiyel (December 31, 1969 at 6:59 pm)
Dude, seriously, you are the man! GREAT INFORMATION!!!!

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