Blown Mortgage - Latest Comments in It’s Not Over!

Re: It’s Not Over!

Don — Tue, 26 Aug 2008 12:13:07 -0000

JM,

Morgan is brutely honest, that's why this blog is so successful. As a card carrying member of NAR and NAMB, I appreciate the honesty. Frankly, there just isn't that much good news. I'm still waiting for those lying SOB's on Wall Street to go to jail, and they still haven't learned that the investment banks need to open up their books for full transparency. I'm really tired of people like Larry Kudlow and Dennis Kneale who are total pod people.

With that being said, there were a lot reports that sales were way up last month, but there will still be a flood of REO's going on the market for the rest of the year. It should flatten next spring, but you can write the rest of the year off.

Re: It’s Not Over!

morganb — Tue, 26 Aug 2008 11:14:09 -0000

there's plenty of pumpers out there - any mainstream newspaper or the
NAR can take care of that for you.

Re: It’s Not Over!

Johnnymac — Tue, 26 Aug 2008 11:08:18 -0000

For the love of God, can't you find anything positive to write about? We all need something to build on instead of more reasons to stay on the ledge.