casey1167
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That was just too funny.... But does anyone know the answer???
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http://countrywide-foreclosures.blogspo ... le-on.html They passed the three billion mark.... Sort of a cool little chart. It is funny all the "nerd" and the "chicken little's" of the world are now thought to have a brain....
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Okay DJ, I understand you are correct, part of my problem is I am so tired of hearing about the huge tax benefit. It is like making a decision to buy a car based on the number of cup holders. On a 150K loan, and 2,500 in taxes, the "benifit" fro…
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the whole tax saving is making the HUGE assumption Congresss does not increase the standard dedution in the next couple of years... making financial decisions based on what congress might or might not do is a bit risky in my book....
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I sort of get tired of reading about how much tax savings there is in owning a house... after the standard deduction, it is not all that significant, especially if you are married (or become married). Also, my thought half way ("way" used to keep…
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Sorry, don't mean to be late to the party, but could some what explain to me what "Program is voluntary with the lenders - government has no authority or legal status" means??
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190K investment / loan at 6.5% is $1,029 a month. (and that is just interest, toss in some for repairs, home owners, taxes, etc.) If you are thinking it will only rent out in two years for 1000-1100, you are looking at negative cashflow for some…
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Back in the day, I shorted Snapple when Snapple was the rage.... it was hard to hold the short, as Snapple kept on going up for about a month, but five months into it, the stock dropped in half... Be patient AwaySooner... fundamentals will kick i…
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AwaySooner, the funny thing is, I thought I read that by not paying the dividend it would help CFC because it would make a buy out of CFC by BAC come about faster, thus increasing the value of the stock.... Go figure... Oh, but waite young Luke,…
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Market goes up $331.01, or 2.55% and yet CFC goes down $.25 or 2.79%..... what is going to happen to CFC when the market starts going back down again?? I would say Mr. AwaySooner is going to take us all out to Prime Rib with all the money he is ma…
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Please someone explain to me how you can pay out 8.25+++% dividends on preferred shares, if you are making your money managing LT mortgages at 7% interest.... I just don't get it. I know I am over simplifing it, but big picture it just does not wo…
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AwaySooner (A/S), I think you should share the wealth. I mean really, please feel my pain. Unfortunately, I personally can not short, all I got is my 401(k), but I am hoping BEARX has more shorts in CFC then they did a few months ago. So A/S,…
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Last I read 18.50% of outstanding shares of CFC are shorted, but it seems like most people were covering at $9. I just don't see how CFC is going to be a going concern long term.
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Well, CFC closed down 10.5% today. Not to sound greedy, but I would have liked to be part of that action....
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We can apply situational ethics till we are blue in the face, but it does not change anything. If a law was broken (based on the AG of NY seems to be pretty obvious) then there will be ramifications. With the NY case they are just going after Al…
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I am not following how homes can just come off the market without selling. These people have carrying cost (mortgages), and assuming people believe housing prices will just stay flat, and not go down, they are decreasing their equity on a daily bas…
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Great story, but it always amazes me how people are so free to tell how much money they make...
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Jen, you complicated things by added that you and your husband own a dog.
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I guess the question would be better asked; what are the closing (sales) in October going to be? There has to be some smart people at some of there home builders running the number right now as to were they need to price the houses coming on line t…
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What is the best guess were the inventory is going to wind up at the end of October? It seems to be climbing back up again. Based on the charts of resets for ARMS, I thought October and November would be big months for increases in inventory. Not…