Thursday, July 26, 2007

creeping unstablisation

Prime borrowers catching subprime ills

second lien loans are bieng cut back. buyers who originally paid over the odds for the house are stuck with aproblem are are starting to default on second lien taken out to make up difference.

Posted by vfr @ 10:05 AM (597 views)
Please complete the required fields.

3 thoughts on “creeping unstablisation

  • planning4acrash says:

    Bless your cotton socks dear, but a spell check could be beneficial?!

    Please complete the required fields.

  • How can a borrower be “Credit Worthy” until they default? Everybody is “credit -worthy” until they default.
    NEW YORK ( — The subprime mortgage meltdown has begun to spread to prime loans as even credit-worthy borrowers have started to fall behind on payments.

    Please complete the required fields.

  • I meant to say “How can they be credit worhty if they default”

    Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>