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markmti (November 30, 1999 at 12:00 am)
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.
jim9847 (November 30, 1999 at 12:00 am)
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?
rcmtgs (November 30, 1999 at 12:00 am)
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
markmti (November 30, 1999 at 12:00 am)
seems like forever.
visionvictory (November 30, 1999 at 12:00 am)
Went to Costco today, NO RICE. LOW ON WHEAT, SALT, SUGAR, and Veg. Oil.
This is real time.
jim9847 (November 30, 1999 at 12:00 am)
How long can these banks keep this bad paper before they are forced by necessity to finally openly declare their losses?
markmti (November 30, 1999 at 12:00 am)
hopefully hot elvis and not 1977 elvis.
donpedrosan (November 30, 1999 at 12:00 am)
"percent?" or percentage points? I can't make oyt from the monologue. Please explain here (if you have time)
r0h1tp (November 30, 1999 at 12:00 am)
Appreciate your sharing this info and exposing the hype.
7bb7b (November 30, 1999 at 12:00 am)
You look like Elvis!!!
I wondered all these times who you look like!!! do you sing?
Youre Elvis Presley of the Mortgage industry!!
LOL |
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