Value Microcaps Motherboard

[tmcal6]

Subprime;;

In the last two days I have spoken with some close to the scene mortgage bankers and supposedly the proposed solution may only help about 15-20% of the problem because it may be limited to conventional loan limits, it won't impact secondary mortgage loans, it will only apply to owner-occupied homes, it won't address or may not help with no-doc loans and loans with no down payment, or jumbo loans with no docs. The biggest fear is that loan values drop 10-20% further and it won't matter if there is a freeze on the mortgage interest rates, the owners may walk.

Tmcal