Financial Reality For Those Who Can Handle the Truth
jim, pls read this!!!http://www.nytimes.com/2007/03/11/business/11mortgage.html?_r=1&hp&oref=slogin
Jimr. thanks. UBS surprised at how quickly things have unraveled. I guess they forget the adage, the bigger they are, the harder and faster they fall. With credit standards being tightened so severely, spring will prove to be a big disappointment. sellers will flood the market, but far fewer subprime and fewer alt-a buyers spell big trouble.
Post a Comment