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Topic: ACORN in Bailout, Are you kidding me?
Lakshmi

Replies: 84
Views: 18624

PostForum: Mortgage Lender Implode-O-Meter   Posted: Mon Sep 29, 2008 11:27 pm   Subject: Re: ACORN in Bailout, Are you kidding me?
ACORN and OBAMA are interchangable.

Absolutely petrifies my normally unshakable self that this man may actually be president. It terrifies me further that 50% of my country thinks this. I have sp ...
Topic: The Last Real Estate BAIL OUT: KEATING 5 and JOHN McCAIN
Lakshmi

Replies: 85
Views: 18156

PostForum: Mortgage Lender Implode-O-Meter   Posted: Tue Sep 23, 2008 10:42 pm   Subject: Re: The Last Real Estate BAIL OUT: KEATING 5 and JOHN McCAIN
Republicans have had complete control of 2 branches of government for 6 of the last 8 years. Bush has expanded the powers of the presidency to a level not seen since Nixon. In the last 25 years the on ...
Topic: The Last Real Estate BAIL OUT: KEATING 5 and JOHN McCAIN
Lakshmi

Replies: 85
Views: 18156

PostForum: Mortgage Lender Implode-O-Meter   Posted: Tue Sep 23, 2008 9:13 pm   Subject: Re: The Last Real Estate BAIL OUT: KEATING 5 and JOHN McCAIN
Here's the Manchurian Candidate downloading his instructions for the day...

http://i278.photobucket.com/albums/kk83/abueno67/Obama20brain.jpg
Topic: Blame Fannie Mae and Congress
Lakshmi

Replies: 1
Views: 822

PostForum: Mortgage Lender Implode-O-Meter   Posted: Tue Sep 23, 2008 5:58 pm   Subject: Blame Fannie Mae and Congress
Thank Barney Frank, Chris Dodd, and even Barack Obama, for complicity and duplicity in this mess...

http://online.wsj.com/article/SB122212948811465427.html?mod=googlenews_wsj

By CHARLES W. CALOM ...
Topic: Lost 2 loans today
Lakshmi

Replies: 18
Views: 4595

PostForum: General Discussion   Posted: Thu Aug 14, 2008 9:38 pm   Subject: Re: Lost 2 loans today
There is always truck driving school......

Two of my hard money clients, both were mortgage brokers and realtors, who borrowed from me to rehab and flip distressed properties, are driving tractor t ...
Topic: Confessions of a risk manager
Lakshmi

Replies: 3
Views: 2699

PostForum: Mortgage Lender Implode-O-Meter   Posted: Thu Aug 14, 2008 9:25 pm   Subject: Confessions of a risk manager
Aug 7th 2008, The Economist

Why did banks become so overexposed in the run-up to the credit crunch? A risk manager at a large global bank—someone whose job it was to make sure that the firm did n ...
Topic: CHASE PRIME WHOLESALE A GONER?
Lakshmi

Replies: 708
Views: 157581

PostForum: Mortgage Lender Implode-O-Meter   Posted: Sun Aug 10, 2008 1:09 pm   Subject: Re: CHASE PRIME WHOLESALE A GONER?
Catherine,

I've been following this thread and reading some of your comments here and elsewhere, on and off. I want to refute some disinformation...

You keep harping that originations in the fu ...
Topic: Will Covered Bonds Replace The Private Label MBS Market?
Lakshmi

Replies: 18
Views: 5312

PostForum: Mortgage Lender Implode-O-Meter   Posted: Tue Jul 29, 2008 7:35 pm   Subject: Re: Covered Bonds
Covered bonds are not new. They were used in the 80's before the securitization market took off competing with the GSEs. Securitization was better for the banks as their potential liability was redu ...
Topic: Will Covered Bonds Replace The Private Label MBS Market?
Lakshmi

Replies: 18
Views: 5312

PostForum: Mortgage Lender Implode-O-Meter   Posted: Tue Jul 29, 2008 7:23 pm   Subject: Re: Will Covered Bonds Replace The Private Label MBS Market?
The mortgage backed securitization market for non-GSE loans may never return as previously structured. The moral hazards of placing questionable assets into a securitization trust that is bankruptcy r ...
Topic: Will Covered Bonds Replace The Private Label MBS Market?
Lakshmi

Replies: 18
Views: 5312

PostForum: Mortgage Lender Implode-O-Meter   Posted: Tue Jul 29, 2008 4:36 pm   Subject: Re: Will Covered Bonds Replace The Private Label MBS Market?
The mortgage backed securitization market for non-GSE loans may never return as previously structured. The moral hazards of placing questionable assets into a securitization trust that is bankruptcy r ...
 

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