Quote:
Originally Posted by Howitzer
It's a downturn but people still have to move, get divorced and need money its them that gets whacked not me, I don't give crap if your rate is 1%-25% I make more---in fact I do better with higher rates so bring it on. The problem that AHM has is they were NOT charging enough interest and got smoked when the money backed out.
If there is a greed problem its the lack of greed that is depressing the bond market.
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Yep, just like the late 70's.