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Former Countrywide leaders start firm to buy bad loans. Housing Hits Bottom?

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Stinger2 Donating Member (352 posts) Send PM | Profile | Ignore Wed Mar-04-09 12:36 PM
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Former Countrywide leaders start firm to buy bad loans. Housing Hits Bottom?
Former Countrywide leaders start firm to buy bad loans. Housing Hits Bottom?

http://www.iht.com/articles/2009/03/04/business/04penny.php

I think we have a 12-18 month window to get your finances in order?
We will have high interest rates and inflation coming down the road.

We have had Billions pumped into the world economy. Property is Wealth, taking property and then buying it back for pennies on the dollar is a sure sign they are ready to get back in the housing markets.

Stop crying in your beer and get your asses in gear.
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DURHAM D Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-04-09 12:50 PM
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1. Wow! This can only be called one thing - HUTZPAH! eom
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Stinger2 Donating Member (352 posts) Send PM | Profile | Ignore Wed Mar-04-09 07:55 PM
Response to Reply #1
2. Vultures Are Circling. Must Be a Foreclosure. 
Vultures Are Circling. Must Be a Foreclosure. 

She suggests calling yourself a “workout specialist” — which
sounds more like somebody who works at the gym, not in the
valley of the shadow of penury. And, she says: “I’ll let you
in on a secret — most people fail at buying and selling
foreclosures because they feel guilty about it. Done properly,
you should be proud — not ashamed.”

http://www.nytimes.com/2008/04/06/business/mutfund/06essay.html

My opinion, when the Vultures that started this mess start to
shell out good stolen money the crises is turning around!
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