Comments on: Paulson’s comments: 3 years late and a few hundred billion dollars short (Not bad for guvment) http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/ Mortgage insiders view on mortgages, real estate, debt, and the housing bubble. site by SoCalMtgGuy, author of - Another F@CKED Borrower Sat, 17 May 2008 10:23:53 +0000 http://wordpress.org/?v=2.0.5 by: Drake Simon http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-556984 Fri, 18 Apr 2008 09:02:11 +0000 http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-556984 bifidate cuckhold immechanically unascertainableness cyanogenic tolerablish prolixness unreadableness <a href="http://www.bolandestates.com" rel="nofollow">Boland Estates</a> http://www.manchesterlabourclub.blogspot.com/ bifidate cuckhold immechanically unascertainableness cyanogenic tolerablish prolixness unreadableness
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http://www.manchesterlabourclub.blogspot.com/

]]> by: communism and healthcare kaiser permanente health insurance http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-525823 Sat, 02 Feb 2008 07:06:27 +0000 http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-525823 Hi - big thanks (great site!). Hi - big thanks (great site!).

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]]> by: Brownie http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-506670 Thu, 06 Dec 2007 04:29:55 +0000 http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-506670 Dogma, That video was downright hilarious!! Dogma,
That video was downright hilarious!!

]]> by: Dogma http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-506568 Wed, 05 Dec 2007 23:02:31 +0000 http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-506568 A must see video for the folks that still visit here: http://www.vcconfidential.com/2007/12/blodgett-helps.html A must see video for the folks that still visit here:
http://www.vcconfidential.com/2007/12/blodgett-helps.html

]]> by: Brownie http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-506353 Wed, 05 Dec 2007 04:19:26 +0000 http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-506353 I think most would agree there is more turmoil to come in the housing/mortgage/financial markets. It's kind of frightening to think how much worse the whole situation could become. Falling dollar (falling even more if the fed cuts rates like everyone is clamouring for), rising oil, 2 million ARM's resetting in 08, and this is all with a strong job market. Went to a property auction in Denver last weekend. They auctioned off 120 bank/lender owned properties around the metro area, and another one with another 100+ properties is scheduled in 2 more weeks. Most seemed like good deals compared to prices 1-2 yrs. ago. I think we are still a year or 2 away from the bottom of this mess. I think most would agree there is more turmoil to come in the housing/mortgage/financial markets. It’s kind of frightening to think how much worse the whole situation could become. Falling dollar (falling even more if the fed cuts rates like everyone is clamouring for), rising oil, 2 million ARM’s resetting in 08, and this is all with a strong job market.
Went to a property auction in Denver last weekend. They auctioned off 120 bank/lender owned properties around the metro area, and another one with another 100+ properties is scheduled in 2 more weeks. Most seemed like good deals compared to prices 1-2 yrs. ago. I think we are still a year or 2 away from the bottom of this mess.

]]> by: Flatout9 http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-506059 Mon, 03 Dec 2007 23:46:55 +0000 http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-506059 No matter what kind of fix they choose or impose the results will be the same. Life happens. Meaning when someone who needs to get out of a house because of a job transfer/change, divorce, medical issues, etc.. will still be in a world of hurt. The borrower/buyer pool is severely limited, due to stricter underwriting, and days on market are starting to climb. I am in TX and have had friends that have had 2 contracts fall through because of financing and the house down the street from me has been in option pending twice. This same house has been on the market for over 6 months. Also, 2 people I work with in a small company are trying to get out of their 0 down no equity situation as we speak. It is closer to home than most of us on this site conceive. There is no band-aid big enough for this fiasco. No matter what kind of fix they choose or impose the results will be the same. Life happens. Meaning when someone who needs to get out of a house because of a job transfer/change, divorce, medical issues, etc.. will still be in a world of hurt. The borrower/buyer pool is severely limited, due to stricter underwriting, and days on market are starting to climb. I am in TX and have had friends that have had 2 contracts fall through because of financing and the house down the street from me has been in option pending twice. This same house has been on the market for over 6 months. Also, 2 people I work with in a small company are trying to get out of their 0 down no equity situation as we speak. It is closer to home than most of us on this site conceive. There is no band-aid big enough for this fiasco.

]]> by: watchoutbelow http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-505901 Sun, 02 Dec 2007 23:25:01 +0000 http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-505901 SoCalMtgGuy: the wall street journal says: Clinton to Call for Foreclosure Freeze Hillary Clinton is expected to call for a 90-day moratorium on home foreclosures and a five-year freeze on adjustable-mortgage rates, in a sign that the housing crunch is resonating on the campaign trail. it's not just the liberals -- Paulson is calling for similar measures. Can measures like these really be enacted? How will they affect the market? Will they just prolong the inevitable, or not prolong it at all? The most frustrating part is that I didn't buy because I thought it was a speculative bubble, so i saved my money and waited, and now the people who made idiotic decisions are going to get bailed out? How can this be? SoCalMtgGuy:

the wall street journal says:
Clinton to Call for Foreclosure Freeze
Hillary Clinton is expected to call for a 90-day moratorium on home foreclosures and a five-year freeze on adjustable-mortgage rates, in a sign that the housing crunch is resonating on the campaign trail.

it’s not just the liberals — Paulson is calling for similar measures.

Can measures like these really be enacted? How will they affect the market? Will they just prolong the inevitable, or not prolong it at all?

The most frustrating part is that I didn’t buy because I thought it was a speculative bubble, so i saved my money and waited, and now the people who made idiotic decisions are going to get bailed out?

How can this be?

]]> by: Lisa http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-505446 Sat, 01 Dec 2007 00:38:12 +0000 http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-505446 Well, today was full of renewed babble about a subprime bailout...."freezing" interest rates of those borrowers who can't afford their reset payment. Okay, what about Alt A borrowers, we all know they are the next tsunami. What about prime borrowers who squeaked into a home they really couldn't afford over the long haul either. I know we're it's election time next year, and the politicians are all about happy talk for the sheeple, but it is just maddening to hear this bailout talk again. Not everyone owns a home. Not everyone bought irresponsibly. Well, today was full of renewed babble about a subprime bailout….”freezing” interest rates of those borrowers who can’t afford their reset payment. Okay, what about Alt A borrowers, we all know they are the next tsunami. What about prime borrowers who squeaked into a home they really couldn’t afford over the long haul either.

I know we’re it’s election time next year, and the politicians are all about happy talk for the sheeple, but it is just maddening to hear this bailout talk again. Not everyone owns a home. Not everyone bought irresponsibly.

]]> by: Tiburon Marin http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-503967 Tue, 27 Nov 2007 07:08:54 +0000 http://housingbubblecasualty.com/paulsons-comments-3-years-late-and-a-few-hundred-billion-dollars-short-not-bad-for-guvment/#comment-503967 As always, a very intriguing read. Crazy times indeed. We are in dire need of change and a long way from it. As always, a very intriguing read. Crazy times indeed. We are in dire need of change and a long way from it.

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