The Soapbox

111Balz

Joined: 08/13/1998 Posts: 59787
Likes: 57352


The differences are 1) there is a housing shortgage, rather than a glut,


in most markets; 2) there is no material Alt A, 'Low doc", "no doc" etc mortgage products on the market.

Shortages, and a burst of pent up demand, are driving any price increases, and we are not selling mortgages to poor credit risks in any appreciable volume.

(In response to this post by 06 Hoo)

Posted: 07/12/2017 at 11:55AM



+0

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They all have defense lawyers now. -- Shenhoo 07/12/2017 08:13AM
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  Now that is funny! I LOVE IT. ** -- Lazarus 07/12/2017 3:27PM

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