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Stunning indictment of 'Bubbles' Greenspan in WSJ Op-Ed
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67
comments (67 topical, 0 editorial, 0 hidden)
Re: Stunning indictment of 'Bubbles' Greenspan in
(
4.00 / 2
)
No. You can't be evicted when you pay on schedule (at least in a democracy...). But when your lender is on life support, it will evict you for a single day of delay because of sudden risk aversion and need for cash, whereas in normal times delays up to a week once in a while are no big deal and just incur a few % penalty.
Pierre
by
Pierre
on
Thu Mar 22nd, 2007 at 02:34:59 AM EST
[
Parent
]
nah
(
none / 1
)
performing loans get sold off to other players. It's happening now as the sub prime players fight to keep their heads above water and thereby not lose all their equity.
by
HiD
on
Thu Mar 22nd, 2007 at 06:14:44 AM EST
[
Parent
]
Stunning indictment of 'Bubbles' Greenspan in WSJ Op-Ed
|
67
comments (67 topical, 0 editorial, 0 hidden)
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