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brainlessone

10/12/08 5:31 AM

#600595 RE: TJ Parker #600588

one would have to assume that housing prices have bottomed and that it is worthwhile to prop them up at these levels

yes, this is right, but it is also probably true that most , ie more than 70 percent have already ocurred.

the numbers are not mine, and they are not a belief. they are data given to me. but the data may not be current, it might not be representative and I dont have full info on collection and processing numbers

on the other hand I think this is what is generally reported in the mortgage wires.

It should be checkable