markmti asked:
Check out my new blog… mrmortgage.ml-implode.com S&P, BofA and Fitch all concur that the ‘Home Equity Implosion’ is knocking on, or kicking down rather, the front door.
Debra
Russell
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
Chester
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.
Joe
We Can Help You Save Your Home From Foreclosure Go To homesaver(DOT)tk
Alvin
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.
Helen
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?
Ramon
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
Jorge
seems like forever.
Roberta
Went to Costco today, NO RICE. LOW ON WHEAT, SALT, SUGAR, and Veg. Oil.
This is real time.
Katie
How long can these banks keep this bad paper before they are forced by necessity to finally openly declare their losses?
Jane
hopefully hot elvis and not 1977 elvis.
Henry
“percent?” or percentage points? I can’t make oyt from the monologue. Please explain here (if you have time)
Jacqueline
Appreciate your sharing this info and exposing the hype.
Jamie
You look like Elvis!!!
I wondered all these times who you look like!!! do you sing?
Youre Elvis Presley of the Mortgage industry!!
LOL
Ellen
I found the answer to my question on your blog, at the very end of the article titled ” Mar existing home sale” ( The only way out of all of this remains a national recuction of mortgage balances for everyone).
I am all over that!
Judith
If people start seeing banks selling the debt back for cents on the dollar to some,would that not cause more people to default on purpose.
Where does it end man where does it end?
Sherry
Thank you for the truth, it’s refreshing to hear……
Stacey
seems like everybody is kind of aware of the critical situation in the US. The Dow being pegged to 12,500 makes me feel like we are going to have on top of this crisis a financial krach.. it is going to become messy… and I don’t think Helicopter Ben is seeing the problem…
Maurice
Great info. Many people are upside down and don’t realize it or are in denial. Who can actually qualify for a home loan now with no more Stated Income, sub-prime, HELOCs, or 100% financing loans? The foreclosures are definitely going to reach epidemic proportions in the near future.
Regards,
Sharkee
Bernice
Great info, your doing a great job informing people. keep it up.
Daniel
Great stuff, deserve 5 stars!!!
Frank
don’t believe the hype. right on! thanks for your efforts.
Dawn
Great Information! Thank you.
CHL
Ann
Thanks Mark. Keep it up.
Jay
Absolute Gospel Brother, keep on talking it up.
Nicholas
Passing it around.
Well done, Sir.