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Re: EricVan post# 19836

Friday, 08/10/2007 2:36:16 PM

Friday, August 10, 2007 2:36:16 PM

Post# of 46420
I love the "has become a victim" part...right.

This is no different than New Century. If you don't keep enough reserves you go bankrupt. If you build your entire lending business around one type of loan, and its a high risk loan, eventually you will go out of business...

I'd play Homebanc very cautiously...

"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
www.younglife.org

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