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Mr Mortgage April Foreclosure ReportVideo by: markmti Video Description: CHECK OUT MY NEW BLOG AT ML-IMPLODE! http://mrmortgage.ml-implode.com Mr Mortgage Apr Foreclosure Rpt Tags: alt banks bear bubble bust crisis estate foreclosure home housing lehman mortgage mr real recession stearns subprime mr mortgage april foreclosure report Related eBay ProductsNo items matching your keywords were found.Comments for this video: Show || Hide Tell a friend: |
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i dont believe the hype
Everyone deserves to know the truth. Thank you for sharing.
I know a person who withdrew her house sale on the belief that house prices were improving in California even though there was no way this will happen for many years to come. She will likely end up in terrible trouble now.
It is terrible how the manipulation of the money flow by so few negatively impacts so many.
Can you find the MISSING 800 BPS?
I'll bet you missed yesterday's article titled "Color-Blind Merrill in a Sea of Red Flags". After all, the headlines were all about YOUR state's lifting the ban on gay marriage. Anyway, here's the pertinent quote:
Although market interest rates were low when these mortgages were written, the mortgages had rates averaging 11.2 percent.
(cont)
Yet investors who put up most of the money were willing to accept a floating rate of just 30 basis points — three-tenths of one percentage point — over the London interbank offered rate. At the moment, that gives them a yield of 3.2 percent.
THERE'S AN 800 BPS SPREAD!!! Where's it go? Who's got their greedy little fingers in that one?
Answer that question, Dorothy, and you'll find yourself a lot closer to the "Mortgage Wizard of Oz" you so desperately seek.
Thank you visionvictory for sharing this with me!!!
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