• Matthew Davis
    Like I was saying, REITs are good for the next 2 years, Fed can't do anything ANH, AGNC, NLY, REM, re-fi plan DOA and low rates garunteed
    10/24/11
    Reply (4)
    • Ocean Man: Why would the re-fi plan be DOA?
      10/24/11
    • Matthew Davis: Its not actually DOA, the result of it is. Their plan does nothing to increase home value, only prolongs foreclosure so the effect is nill.
      10/24/11
    • Ocean Man: New foreclosures hitting the market is what's keeping prices down - too much supply. This is huge for increasing home values.
      10/24/11
    • Matthew Davis: Yes, it needs to run its course, all the government is doing is letting it die an agonizing slow death.
      10/24/11