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Re: big-yank post# 353156

Saturday, 09/17/2016 2:20:17 PM

Saturday, September 17, 2016 2:20:17 PM

Post# of 800917
Yank...the key word there is RECOVERY. Unemployment has gotten better ( Not near good enough ) and home prices are rising, some areas probably too fast. No one is saying that the interest rates need to stay historically low for 30 YEARS!! you are arguing a mute point, again turning what was asked into another question that answers nothing. You were asked if any other company had the loan loss revenues to carry defaults for 4 years of prolonged losses , assuming a loss rate of 4 million per quarter which as I recall was about right, at the WORST time during the recession! IMO the gov't used the panic that was happening to take these companies. It has already been shown that they knew that the GSE's were about to be profitable and your response is well maybe profitable maybe not??? Once they were shown that they were ( and they have been for years now) ...please explain how you feel that it is OK to just keep taking the profits and not let them recap and get healthy (as ANY conservator is SUPPOSED to do)???
As far as your "scary whispers" ...please! IF investors bought for the rental income ( And I know that happened in the Phx market that I am in ) they bought for the RENTAL INCOME!!! Not to resell or stimulate a market! As far as HGTV flippers LOL I guess I am one lol...I did flip one and it sold to a corporation for executive housing...OHHH...there goes the neighborhood!!! Here comes the bubble....