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Re: $tockfather post# 87

Sunday, 05/03/2009 4:34:02 PM

Sunday, May 03, 2009 4:34:02 PM

Post# of 1398
Someone mentioned on another board that foreclosure numbers are going to increase significantly in the next 3-4 years. Companies like Triad have to be involved in these foreclosures to insure that there isn't a complete collapse of the housing/lending system. I would assume that the fed understands this and could be infusing cash into these mortgage insurers to make sure that the system continues to work. jmho, could be wrong.