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blownmortgage.com
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morganb
Peter - you're exactly right. a return to our senses is the only way out. i think it is great they are headed towards sensible underwriting - it is the fastest way out of this mess.
1 day ago
Citi Starts the Death March of Stated Loans in Earnest
Blown Mortgage
1 point
0 replies
morganb
i agree - it seems like they're giving away their company for a few billion here and there every week...
2 days ago
Citi Starts the Death March of Stated Loans in Earnest
Blown Mortgage
1 point
0 replies
morganb
sisa to 70% - i don't know too many folks who are stated at 50% ltv - but if you could find them!! :)
2 days ago
Citi Starts the Death March of Stated Loans in Earnest
Blown Mortgage
1 point
0 replies
morganb
there's some great articles on the influence of the foreign funds they've taken on and the direction they're pushing the company. should be an interesting next couple of quarters.
2 days ago
Citi Starts the Death March of Stated Loans in Earnest
Blown Mortgage
1 point
0 replies
morganb
JRB - such a good point. i think the new program guidelines are relevant to about 15 people. why even have the product?
2 days ago
Citi Starts the Death March of Stated Loans in Earnest
Blown Mortgage
1 point
0 replies
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