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56Chevy

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56Chevy

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Re: dpsimswm post# 8

Tuesday, 01/14/2014 1:08:28 PM

Tuesday, January 14, 2014 1:08:28 PM

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Not sure what insiders are thinking but Mortgage business is on hold...and it appears will remain there at least thru the first half of 2014.

Mortgage originations are down significantly from the prior year.

IMH pps has pulled back to Sept 2012 levels.

Personally I think Wall Street in general has reached the level where it can't continue to climb another inch until our un-employment woes are addressed.

If liabilities are greater than assets, the business is insolvent. Knowing the structure of those liabilities is where to make your money. EI-2010

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