Make the Equity in Your Home Work for You
Subprime Is Back
Edited by Chilidawgz, 15 April 2018 - 04:27 AM.
They're Back
Started by
Chilidawgz
, Apr 15 2018 04:19 AM
2 replies to this topic
#1
Chilidawgz
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- Traders-Talk User
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A fool and his money... (the second mousie gets the cheese)
Posted 15 April 2018 - 04:19 AM
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#2
MaryAM
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Posted 15 April 2018 - 06:26 AM
No doubt, packaged and securitized and sold to the FED for brand new money. If the FED ever discovers or discloses what ever percentage of their holdings are junk, and is forced to stop buying private debt, this will not be pretty. There is no precedence on how to predict the outcome or consequences of their purchases over time as no central bank in the history of the world has ever purchased PRIVATE debt during or after (for over 10 years) to ease an economic crisis.
#3
tommyt
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Posted 15 April 2018 - 04:56 PM
These subprimes require an LTV of 80-100%...quite different than the ones in the last blowup.
