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Reply #68: No it is not tongue in cheek. I've worked in the biz long enough to [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
ScreamingMeemie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-08-06 02:08 PM
Response to Reply #65
68. No it is not tongue in cheek. I've worked in the biz long enough to
know that the bubble was manufactured, and never really existed in the first place. It may be perhaps wrong for me to do so, but many times I caution the refinancers who have bought into the line sold them by a loan officers. Foreclosures here in my neighborhood stand at 30%... yeah, housing bubble...hah.
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