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foreclosure conundrum: $200 Trillion in Mortgages, 80% are Second Mortgages - 01/22/09 11:42 AM
There is a systemic misunderstanding of the magnitude and level of difficulty that banks and consumers are facing in this distressed market.  Yet we hear nothing of this.  Perhaps it is too complicated to grasp?   Right....and I am no financial genius but even I can see this very essential piece of 'mud pie' is somehow being overlooked or disregarded by the 'talking heads' spouting their 'speak'.   I have not heard any of the pundants provide any solution.  Any ideas out there?  If ever there ws a time that we need a financial Einstein, this is it!
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OBSERVATION:
Pardon my rant but you may enjoy commiserating with me.  … (0 comments)

 

Gail Daly, SC & NC BROKER, ABR, EPRO

Pawleys Island, SC

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Commercial LandTec Corp./RealTec Properties

Address: 541 Atlantic Ave, Garden City, SC, 29576

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Offering Commercial & Residential Property in Georgetown and Horry Counties. Paying 30% referrals. Call Toll Free 866-466-4601


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