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midwayer (719 posts) Send PM | Profile | Ignore | Thu Jul-08-04 10:10 PM Original message |
Fannie Mae, Freddie Mac's Role In The Perfect Real Estate Storm |
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xray s (1000+ posts) Send PM | Profile | Ignore | Thu Jul-08-04 10:16 PM Response to Original message |
1. Now I know why Greenspan was shilling for variable rate mortgages |
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Frodo (1000+ posts) Send PM | Profile | Ignore | Fri Jul-09-04 11:48 AM Response to Reply #1 |
3. Variable rate mortgages would make the problem worse. |
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(1000+ posts) Send PM | Profile | Ignore | Thu Jul-08-04 10:48 PM Response to Original message |
2. Not just the bubble, but the "soap" which makes up the bubble is defective |
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Frodo (1000+ posts) Send PM | Profile | Ignore | Fri Jul-09-04 11:57 AM Response to Reply #2 |
4. There's a weakness in that theory. Demand |
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(1000+ posts) Send PM | Profile | Ignore | Fri Jul-09-04 03:57 PM Response to Reply #4 |
5. No no the fact that the MBS's are trading falsely is independent |
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DU AdBot (1000+ posts) | Thu May 02nd 2024, 06:25 PM Response to Original message |
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