CHM97

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    • Mon Sep 8th 15:52 PM | Rating: 0 0
      Commented on:
      Economic Outlook: Bracing for a Rocky Road?
      "The problems created by Bush 43 are coming home and we must face them head on. The absence of an energy policy has put the United States in an embarrassing hole that it is finding difficult to climb out of."
      **********************...
      Have NOT built a nuclear plant in -30- years. Have NOT built a refinery in -30- years. Takes -2- years MINIMUM for environmental impact study on a SOLAR FARM. The writer says all this is W's fault. WOW....

      The over expansion of money supply and credit is the basis for our problems and they started well before W took office. The economic cycle contrary to most peoples belief system has not been outlawed, it is still it full existence. We are and will be in this phase of a down cycle after 65-70 years of up years. The cycle will not be as difficult as the 30's and we will survive. ....2020....
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    • Fri May 23rd 10:55 AM | Rating: 0 0
      Commented on:
      Real Estate: Modern Fundamentals
      "Having forecasted the most devastating decline of commercial real estate since the Great Depression, Goldman Sachs is back seeking to acquire the GM building. Too surreal to comprehend, such a bold move deserves our full attention." ....... That is too funny.....LOL.... next we will find Goldman calling for $200 oil and SHORTING!
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    • Sun May 11th 13:38 PM | Rating: 0 0
      Commented on:
      MSFT's Call Option on YHOO
      Solid thesis.

      Any potential bidder/buyer of Yahoo will "underbid" knowing if he gets in a bidding war w/ MSFT he will lose and if MSFT does not want Yhoo there won't be other bidders. Your bid will be the only one at that time.
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    • Thu Apr 24th 12:46 PM | Rating: 0 0
      Commented on:
      Options Trader: Thursday Outlook
      Does soft music come with that WINE?
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    • Sat Mar 15th 13:06 PM | Rating: 0 0
      Commented on:
      Freddie Mac CEO: Home Price Drops Only 1/3 Done
      The government has been providing incentives for the over indulgence in real estate investing for years.The tax deductible of mortgage interest, the above required investments in "affordable housing" (see Tony Rezko) and shakedowns on banks by "community housing" groups that held up merge activity until money was invested with these groups.
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    • Thu Mar 6th 18:22 PM | Rating: 0 0
      Commented on:
      Are FICO Credit Scores Still Relevant to Mortgage Originators?
      Mortgage Money MAN.....

      Only full doc loans? That misses the point of the original post, COMMON SENSE underwriting.

      Stated income / stated assets will perform fine if they make sense. NO stated investors (must sell a property) NO stated 1st time home buyers, NO stated teaser rate programs,No stated construction loans, NO late payments on mtg ever, NO missed payments last -24- months. Common sense u/w.
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    • Wed Feb 27th 11:49 AM | Rating: 0 0
      Commented on:
      Bill Gross: Value Is Returning to Parts of the Bond Market
      Mr. Gross says Washington has to "support housing prices"....That is what they have been doing for the last 75 years! FHA,Fannie Mae, Freddie Mac,deductibility of interest, tax credits,zero down VA loans,first time home buyer programs, affordable housing, special rates for first responders & TEACHERS. All these programs (I am just scratching the surface) and houses are still too expensive relative to incomes.
      View article »
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