Ya, well it could also be that Montecito's waiting on WGAS who's waiting on the lenders who are waiting to shape the loan terms according to whatever tax structure/implications arise post cliff. Only guessing of course, but I do agree (with my money) that the loans will come either way, and I also think we'll drift back up into the 5-6 area when they fire up the MI money pump again.
Send PM's to molecularcd. It's a yahoo dot com address.
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