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Re: bibiche post# 657

Saturday, 10/27/2007 11:03:59 AM

Saturday, October 27, 2007 11:03:59 AM

Post# of 4229
Hey Dude, no hope, no solutions, woe is me, gimme, gimme, gimme. Good ideas are breezed over....brilliant minds are virtually avoided to find like mined nay sayers as proof you are wrong, I am right. I posted>>>>The nation's biggest mortgage lender, Countrywide Financial Corp., whose aggressive subprime lending has made it the poster child of the nation's housing tribulations, announced Tuesday it will offer 82,000 customers a chance to adjust their mortgages and avoid potential foreclosure.<<two times, and not a peep. What a novel idea, adjust the bad mortgages *ding*....it's that or take a hit.
Bad loans make up a small % of home loans, why buy into>>we have no solution to the problem and we are on a one way road to hell, it's all you see in the media.... and it's echoed by doom and gloomers. Hedge funds and banks pushing bad loans, cut their own throats, it's time to pay the piper. Take out a bad loan wasn't a smart thing to do and risky at best. Real Estate runs in a 10 year cycle, in 5 years this will all be behind us. This last price boom on home costs was absurd. We only need to get back to real, we are not going to hell in a handbasket.