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Have you been to LA? When the pay options go bad it will be all over for Downey. Sad but true. It will be "bought" for less than $1 per share. Deposits can fly out the front door faster that realtors can say now is the best time to buy.
Jun 11 11:42 am
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All Comments by Timbo »Downey's Aversion to Home Equity, Construction Lending: Key to Its Survival [View article]