california foreclosures: The "Liquidity Crisis", "Economic Stimulus Package" and my "Sleeping Tiger" Theories! - 03/07/08 03:45 PM
 
What is the "liquidity crisis" and why does it exist?
Across most of the country, Fannie and Freddie currently purchase loans of $417,000 or less from lenders, and repackage these so-called "conforming" mortgages into securities sold to investors. Investors generally trust that these securities will be repaid, in part because they are … (3 comments)

california foreclosures: California Foreclosures - 09/03/07 12:45 PM
California Foreclosures
  
With many of the subprime and "risky loans" equating out to higher levels of default and foreclosure in California, there are many entertaining the possibility of "finding a great deal" and learning more about the foreclosure process. I would like to take an opportunity to bring some light to the … (9 comments)

 
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Scott Gormley

Chico, CA

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