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Re: None

Thursday, 11/30/2006 10:18:36 AM

Thursday, November 30, 2006 10:18:36 AM

Post# of 311063
From experience most mortgage brokers do not lend on projects that large "988 million" and are construction projects that is more of a bank loan so cmon. Furthermore if the guy is a "broker" he didnt lend the money anyway he "brokered" it through a wholesale lender. So he wasnt on the hook for sqaut and cant sue for anything either unless maybe it didnt close and he is suing for his 1% in yeild spread, which by the way he will not win. This article is full of holes and finally a topic I can speak with authority on. This now leads me to believe that there is a reason for this madness with the WS some is working with the to help keep this price down untill????? Somethings going to happen before years end!