Re: Delinquency Rates
Posted by Nick(Colorado) on July 24, 2007 at 08:10:39:
In Reply to: Delinquency Rates
Posted by Jim V on July 23, 2007 at 18:28:01:
Jim V:
I think that the more interesting part is how
little bleed-over there has been into the prime,
and fixed rate markets. The lack of bleed-over
may be real, or the definition of sub-prime may
have been tweaked to get the nice curves.
Here's your fix:
July 2005, from the OCC: The sale of interest only,
or negative amortization home loans for purchase
of a SFR should be severely limited. Only those
customers that are accredited investors, should be
offered such product.
Follow Ups:
- Re: Delinquency Rates - Jim V 13:34:22 07/24/07
(4)
- Re: Delinquency Rates - Nick(Colorado) 16:06:43 07/24/07
(2)
- Re: Delinquency Rates - Jim V 01:28:15 07/25/07
(1)
- Re: Ammendment - Jim V 02:34:08 07/25/07
(0)
Post a Followup
