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Mr Mortgage - HERE COMES THE ALT-A CRISIS

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Visit my new blog... http://mrmortgage.ml-implode.c... Mr Mortgage Exposes ALT-A Crisis Coming to a City Near You Soon

Channel: People & Blogs
Uploaded: November 30, 1999 at 12:00 am
Author: markmti

Length: 10:00
Rating: 4.93
Views: 45447

Tags: Alt-A  banks  Bear  Chase  economy  estate  Fargo  foreclosure  Lehman  loan  Mortgage  Mr  real  recession  Stearns  Subprime  Wells  

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Video Comments

bacaca88 (November 30, 1999 at 12:00 am)
Just get ur credit card out as normal. Stop worryin. Can always pay next month. Who needs cash? Get on the dole and enjoy life. Its what you all deserve in Uk for fucking the place up.
BLACKWINGEDBEING (November 30, 1999 at 12:00 am)
Great real info!!!!
mikeybrumbrum (November 30, 1999 at 12:00 am)
AND.. isnt it the same as us, the peopel, since we are the ones who are payng this "bail out" fee, paying MORE for all our mortgages ?? Its a con, and ht epeopel who made the con, should be brought to justice !!!!
mikeybrumbrum (November 30, 1999 at 12:00 am)
They lent LOTS of money so that house prices would increase dramaticaly. Then, they sold people "EQUITY RELEASE", so that they could BUY half yur house off you. NOW, they say there is a crisis, so the house price will fall - SOON they will own your WHOLE house (or anyone who had equity release, anyway). So, WHO is gonna bail me out of my "equity release" problems, which could lead to me losing the WHOLE of my house, to these bankers ?? NO oNE, thats who ! NOOOOOOOOOOOOOOOOO !!!
dojufitz (November 30, 1999 at 12:00 am)
He makes some good points here - thanks for talking slower in this one - others are like manic talk SPEED!! lol...
migrane222 (November 30, 1999 at 12:00 am)
If this guy is correct, then watch e*trade (ETFC). See if its rally starts to roll over. It is one of the few banks he mentions by name in his posts, and though he doesn't say it directly, he obviously thinks its doomed.
migrane222 (November 30, 1999 at 12:00 am)
First the earnings were terrible, but they did beat expectations, and for pps that's all that matters. In fact, the financials probably will continue to rally. The point he is making is that we are between storms and the next one is bigger and about to pick up momentum.
freddytuber (November 30, 1999 at 12:00 am)
How come they just now posted good earnings and even raised dividends? Are they lying?
javawhz (November 30, 1999 at 12:00 am)
spot on!! terrific information, thanks!
nasafiyel (November 30, 1999 at 12:00 am)
Dude, seriously, you are the man! GREAT INFORMATION!!!!


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