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No_Vaseline I think he is refering to these guys coming in and buying the RMBS and ABS securities that these companies have on their books and then service and hold them in their portfolios.

bkshopr....not sure I would put it all in gold. Look at some safe fixed income investment vehicles like bonds or t-notes. Also, you can look at preferred stock. I purchased some preferred GS.A a few weeks back and it's yielding around 7.5% and matures in 2yrs I believe.

Gold almost at $1000 / oz.

Awgee....I have to agree with you. Other than owning gold what other ways do you think is good to be involved in the gold play? Mining and Exploration companys? Also...i think you can take the gold play and expand it to other precious metals as well. Silver, Platinum, and Uranium (not a...

OC_35 This really does not help Fannie / Freddie all that much. OFHEO requires them to keep a certain percentage of capital in reserve. So if either Fannie or Freddie increase lending or increase their portfolios they will have to go out and raise more capital through issuance of stock or...

tulip That is likely not to happen unless sellers decide they do not need to sell or buyers decide they do not want to buy. Interest rates will continue to climb and sellers have two choices (lower the price or pull their homes off the market and wait for a long period of time).

IrvinePerson Also remember capital gains taxes are relatively low right now. If Hilliary or Barack win the white house they have all commented on raising the capital gains tax. On top of that...the wealth they have in the house, IMHO, is only paper wealth so it has really added anything...

Xtreeter said Adjustable loan rate freeze and easier refinancing is probably the best option available to lenders/mortgage investors. When they are presented with the option of keeping/enforcing the original loan agreement, and face high defaults and loses; Or the option of...

Because they all believe that low fed funds rate created the credit boom and thus can propel it to a state that will lead to sustainable prices. Like you said it's not a mortgage / credit problem...it's a qualified / affordability problem.

Mello-Roos = BS in my book....another way for the govt not to pay for basic necessities and rather spend it on Art Deco projects lining the free-way between Santa Ana and Disney Land. HOA's those are fine. As I stated before many of the neighborhoods here in So Cal have drastically more...

I did a double take after seeing this. The spike on the far right almost meshes into the right border line of the chart....holy shiiikeeesssss

Interloper Depending on what happens with conforming rates their is a posibility that giltee could get a conforming loan from FNM or Freddie...but I think the chances are slim.

Also, banks are pricing in additional risk now with each loan they originate / fund. This in addition to what LM just said are having an impact on mortgage rates. Mortgage rates are tied most closely to the 10yr Treasury Note.

Not to go off topic but preferred stock works very similar to bonds other than the position you are in if the company goes BK. I looked at some GS.A, GS.B, and GS.C a few months back.

I think HOAs are fine b/c they can add other amenities to a neighborhood that are not offered at others. I grew up back east and neighborhoods look much different and than out here. Less curb appeal, no center dividers, and very few have parks located in the center of the neighborhood. As...

OCPOP....first I want to say I love debate and constructive forums like this so I hope whatever difference of opinion we have it does not turn into name calling and so forth....same goes with Green Cactus. I like exchange ideas and opinions and this only helps me exercise my mind...doing 300lbs...

Green Cactus....please read link. Me trying to paraphrase will not do justice. http://www.fairtax.org/site/PageServer?pagename=about_fairtax_four#regressive

I appologize T!m

Awgee said...."And if I may disagree that we still need corporate taxes. The idea that corporate taxes somehow actually tax corporations and somehow tax the rich is just another example of the socialist ideal without fact. Corporate taxes are an indirect and ineficient pass through to the...

Green Cactus I don't understand what you are saying b/c it is all disconnected. First off....the FairTax actually increases the disposable income for every citizen that is paying taxes. It's not a tax rebate...rather it is discontinuance of the Federal Income Tax that we all pay now at...