FinancialAdvisor's College Class (FACC)

[QuickTrade]

Now I'll comment on this:

Greenspan should keep his mouth shut. First of all, if a home buyer is comfortable with the mortgage payments, it doesn't matter if the house is worth less. Why must he worry about higher debts being taken on... Just like a consumer with a $10,000 credit limit on his CC goes out and spends $9000 on it... thats their choice.

Talking about "risky" mortgages. Interest Onlys, ect. ect.. Banks won't allow to have that equation taken out, it would stink for the 1st time home buyer.. They want to get their feet wet and by actually closing on a property after this Greenspan starts doing something about this Market.. their in deep shit because the property will really start to drop in value.

nobody would be getting mortgages, the market will slow down... FOR WHAT? Ahhh, let it slow down, I was just blowing steam...

I'm all for it so I can buy more properties at a cheaper price...

Go Greenspan!