jason c botelh: Weekly Real Estate Write-Offs...What does it all mean? - 12/21/07 12:57 PM
How many times have you heard the term "CDO's" or Collateralized Debt Obligations?  I think I've heard that term 6 times this week alone.  Amazing!  These are creative debt instruments that banks have come up with to make the whole lending arena easier and more fluid.  The down side is that these little guys are now wreaking havoc through our entire industry.  I finally saw a headline article in the Wall Street Journal today (12/21/07) titled: "Fraud Seen as a Driver In Wave of Foreclosures"  You're kidding right?  How on Earth did they come up with that one?  How many of … (1 comments)

 

Jason Botelho

Saratoga Springs, UT

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Keller Williams Utah Realtors

Office: (801) 766-4991

Mobile: (801) 698-6182



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