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#15
08-04-2007, 01:52 PM
Hummer Authority
Join Date: May 2006
Location: South Western PA
Posts: 1,433
Re: Mortgage Times
So who or how will the hole in the market that the b/c market shakedown be filled? As you know, there is a huge pool of people needing loans that cannot get them now. What are your thoughts?
Personally, being that I specialize in selling REO properties for well over 30 different lenders/servicers/PMI companies, I kinda like the loose lending policies of the past. Means higher default rates which means more REO's for me to sell.
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