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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
babylonsister (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 09:20 AM Original message |
Paul Krugman: Banks Gone Wild |
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0007 (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 09:41 AM Response to Original message |
1. Are they printing money to hold the market up? |
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babylonsister (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 09:56 AM Response to Reply #1 |
2. That's the problem; how long will that market hold up? Lots of fear out there. nt |
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flashl (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 09:56 AM Response to Reply #1 |
3. Neat marquee. n/t |
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sam sarrha (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 10:20 AM Response to Original message |
4. the Slump was predictable and predicted.. that is why they, and Democrats, legislated out Bankruptcy |
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Kolesar (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 12:27 PM Response to Reply #4 |
18. When those houses are foreclosed upon, they *go back on the market* |
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leftofthedial (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 01:06 PM Response to Reply #18 |
22. in some areas there is such a glut of foreclosed homes that just don't sell |
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Kolesar (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 01:15 PM Response to Reply #22 |
24. It gets bad if no one has an incentive to get the house occupied again. |
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Bitwit1234 (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 10:44 AM Response to Original message |
5. That's the trouble with what is going on in this country today |
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sarcasmo (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 10:59 AM Response to Original message |
6. Had a Women who worked at Remax trying to sell me a house while she was |
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bahrbearian (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 11:20 AM Response to Reply #6 |
7. "Well the market is great right now for buying" LOL |
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Kingshakabobo (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 11:31 AM Response to Reply #6 |
8. There is still a legitimate market for "stated income" loans for people who can't.... |
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sarcasmo (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 11:36 AM Response to Reply #8 |
9. She wasn't my realtor she was a fare in my Taxi who happened to sell houses. |
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Kingshakabobo (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 11:42 AM Response to Reply #9 |
12. Yikes.....Was her name Gil? |
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rucky (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 11:57 AM Response to Reply #8 |
14. Are there any Alt-A's still out there? |
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Kingshakabobo (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 12:11 PM Response to Reply #14 |
16. It's still out there but .... |
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rucky (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 12:22 PM Response to Reply #16 |
17. That's without the yield spread? |
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Kingshakabobo (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 12:29 PM Response to Reply #17 |
19. I'm a lender not a broker so those would include compensation of about one point. |
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Kolesar (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 12:31 PM Response to Reply #8 |
20. Waitressing tips and "cash" businesses? |
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Kingshakabobo (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 12:57 PM Response to Reply #20 |
21. For a loan like that, we would use a "no ratio" loan where you don't state ANY income. |
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Kolesar (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 01:13 PM Response to Reply #21 |
23. In the 1990s, I asked a loan broker if I could get a loan with only investment income, &she said yes |
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snappyturtle (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 11:48 AM Response to Reply #6 |
13. Yes they'll continue to do it...I have no doubt. A Coldwell Banker |
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rucky (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 12:00 PM Response to Reply #13 |
15. These "in-house" financiang deals are dubious. |
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snappyturtle (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 06:58 PM Response to Reply #15 |
25. Oh yeah! I had a realtor license in the state (MN) in the late 90's |
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Orwellian_Ghost (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 11:37 AM Response to Original message |
10. The US economy |
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sarcasmo (1000+ posts) Send PM | Profile | Ignore | Fri Nov-23-07 11:40 AM Response to Reply #10 |
11. I like to call it a shell game. |
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0007 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-24-07 08:42 AM Response to Original message |
26. Are they printing money to hold the market up? |
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