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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] We're not talking about 90 days... Posted by Alfred on November 14, 2008 at 7:47 PM In Reply to: Accuracy hard to discern posted by CC in OC on November 14, 2008 at 1:04 PM Modifications can set up people to remain in their homes for at least a few years longer (of course the only homeowners that will be eligible for the mods will be the homeowners who didn't lie about their income, debts and assets). Also, Treas, the Fed, Congress and Obama are going to do everything they can to stop the downward slide of housing. All of this welfare, socialist government interference may throw off investor prediction and projections in the foreclosure market. Could you imagine where the prices would wind up if the government stayed out of this? Can you imagine beautiful homes in California for $75,000? Who knows where Mr. Market would take us if he was unhindered... back a few more years? back 20 years to when the excess began? back to 1971 when Nixon took us off gold? Interesting to contemplate. I think we have at least an overall price slide on average across the country for another 15-20%. But we'll see how Mr. Government messes with this correction. Follow Ups: Stated income loans CC in OC 1:45 AM, 11/15/08 (9) Re: Stated income loans JK (the other JK) 6:44 AM, 11/15/08 (8) Re: Stated income loans CC in OC 7:25 AM, 11/15/08 (7) Re: Stated income loans JK (the other JK) 8:05 AM, 11/15/08 (6) Why so hot under the collar CC in OC? Alfred 10:19 AM, 11/15/08 (5) Who's hot under the collar? CC in OC 10:07 PM, 11/15/08 (4) Geesh! Just answer the question. alfred 8:30 AM, 11/16/08 (3) Now that you have actually stated the question... CC in OC 9:43 AM, 11/16/08 (2) To some extent. alfred 10:57 AM, 11/16/08 (1) Bill Gatten's Equity Holding Trust CC in OC 2:11 PM, 11/16/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Modifications can set up people to remain in their homes for at : least a few years longer (of course the only homeowners that will be : eligible for the mods will be the homeowners who didn't lie about : their income, debts and assets). Also, Treas, the Fed, Congress and : Obama are going to do everything they can to stop the downward slide : of housing. All of this welfare, socialist government interference : may throw off investor prediction and projections in the foreclosure : market. Could you imagine where the prices would wind up if the : government stayed out of this? Can you imagine beautiful homes in : California for $75,000? Who knows where Mr. Market would take us : if he was unhindered... back a few more years? back 20 years to : when the excess began? back to 1971 when Nixon took us off gold? : Interesting to contemplate. I think we have at least an overall : price slide on average across the country for another 15-20%. But : we'll see how Mr. Government messes with this correction. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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