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Mr Mortgage - Home Equity Delinquencies Surge

Check out my new blog... http://mrmortgage.ml-implod... S&P, BofA and Fitch all concur that the 'Home Equity Implosion' is knocking on, or kicking down rather, the front door.  
 
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username62408 (2 months ago) Show Hide
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thanks to economic growth of the past, present cost of life makes having a job a pointless futility! yall deserve to go down with your beloved economy and taste your own fuckin medecine bunch of bloody misery inflicting
evil doers
username62408 (2 months ago) Show Hide
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Mortgages Delinquencie Rise

gee wait, heres a trick

LOWER FUCKING HOME PRICES 50gs and give poeple the freedom to own tax free land you fucking dirt bags. Just maybe if it dident take a fuckin lifetime to pay at a 1000$ a month and people could actually own their land like natives do you'd have less delinquencies! Assrags.
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markmti (1 year ago) Show Hide
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Hi Jim - leverage means many things to the banks as you have learned but primarily the amount of debt used to try and achieve returns.
jim9847 (1 year ago) Show Hide
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Mr. Mortgage,

Can you give me a definition of leverage? What is it? How is it used/created? What are the dangers and why would someone desire it?
rcmtgs (1 year ago) Show Hide
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FYI, I heard Fremont went to 4% on nego, my Mom heard on news Wells went to 4% on nego, but heard today someone got their 7.75 went to 7%, going to suggest he nego better. I don't think it's fair if your scores have always been low to go to 4% but hey if you can get it go for it! My Mom who has perfect credit & 5.75 from Nov '07 refi wants 4% now too. lol
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jim9847 (1 year ago) Show Hide
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How long can these banks keep this bad paper before they are forced by necessity to finally openly declare their losses?
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markmti (1 year ago) Show Hide
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hopefully hot elvis and not 1977 elvis.

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