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re: ‘Seriously Underwater’ Home Mortgages Tick Up Across the US

Posted on 5/9/24 at 11:26 am to
Posted by Big Scrub TX
Member since Dec 2013
33738 posts
Posted on 5/9/24 at 11:26 am to
quote:

We are getting close to 2007 numbers.
No idea what you're talking about.

quote:

Big issue with negative equity loans are usually subprime short term with balloon payment.
WTF are you talking about?

quote:

Banks never stopped MBS or CDO’s. We are headed there again I’m afraid.
You dumbass.

quote:

We are headed there again I’m afraid.
You dumbass.
Posted by fareplay
Member since Nov 2012
4976 posts
Posted on 5/9/24 at 11:53 am to
Idk about 08 since I was a little kid but I’d assume that with stagnant wage growth for people who are in the market to buy a home combined with cost of other goods rising, people will have to make some tough decisions
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