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Tue Jan 1st 04:41 AM | Rating: 0 0
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Countrywide's Call For Increased Mortgage Limits Must Be Ignored

800k for a house is middle class? Maybe a few select cities, but even then, that seems a bit outrageous. 800k these days gets you a nice bungalow in Oakland.
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Mon Dec 31st 13:42 PM | Rating: 0 0
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Don't Expect a Housing Bottom Until Late 2009

Thanks for the plain vanilla truth
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Mon Dec 31st 13:26 PM | Rating: 0 0
Commented on:
Countrywide's Call For Increased Mortgage Limits Must Be Ignored

Thanks for pointing out the obvious reality. House prices are still ridiculously inflated and increasing the loan limits will merely deepen the extent of the current crisis. Mozillo and so many on Wall Street are pathetic.
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