Comments on: Ponzi Financing – The House that Credit Built. http://www.doctorhousingbubble.com/ponzi-financing-%e2%80%93-the-house-that-credit-built/ How I Learned to Love Southern California and Forget the Housing Bubble Sun, 12 Oct 2008 19:57:16 +0000 http://wordpress.org/?v=2.2.2 By: ZRODN http://www.doctorhousingbubble.com/ponzi-financing-%e2%80%93-the-house-that-credit-built/#comment-133 ZRODN Wed, 13 Dec 2006 07:42:00 +0000 http://www.doctorhousingbubble.com/ponzi-financing-%e2%80%93-the-house-that-credit-built/#comment-133 actually markets adjust by offering 40 50 and 60 year amortizations with possible 1 year deferments in the life of the loan like a construction loan however construction loans can be 18 months deferred like FHA DUS and as time is being extended and offered to customers equity appreciation over time realizes higher market values in long run with the higher cost of living to complement higher values with possible structured lower rates based on good credit just have a strong long term financial plan and you will succeed. The housing so called bubble is created by inexperienced homeowners who in turn cause short sales and higher insurance premiums for us in the later no one really gets hurt since the same moron in 2 years or less can reapply and get financing again even with bad credit. Financing once understood and used wisely can create extreme opportunity or wealth actually markets adjust by offering 40 50 and 60 year amortizations with possible 1 year deferments in the life of the loan like a construction loan however construction loans can be 18 months deferred like FHA DUS and as time is being extended and offered to customers equity appreciation over time realizes higher market values in long run with the higher cost of living to complement higher values with possible structured lower rates based on good credit just have a strong long term financial plan and you will succeed. The housing so called bubble is created by inexperienced homeowners who in turn cause short sales and higher insurance premiums for us in the later no one really gets hurt since the same moron in 2 years or less can reapply and get financing again even with bad credit. Financing once understood and used wisely can create extreme opportunity or wealth

]]> By: bubble_watcher http://www.doctorhousingbubble.com/ponzi-financing-%e2%80%93-the-house-that-credit-built/#comment-96 bubble_watcher Wed, 25 Oct 2006 17:50:00 +0000 http://www.doctorhousingbubble.com/ponzi-financing-%e2%80%93-the-house-that-credit-built/#comment-96 <i>Year Interest Only Option Arm<br/>2005 42.6% 29.1%</i><br/><br/>I'm willing to bet the percentage numbers will be much higher for 2006.<br/><br/>...<br/><br/><i>Hold on here! Those are new loans, right?</i><br/><br/>Were you expecting old loans instead?<br/> <br/>"Buffett: Real estate slowdown ahead<br/><br/>The Oracle of Omaha expects the housing market to see "significant downward adjustments," and warns on mortgage financing. "<br/><br/><a HREF="http://money.cnn.com/2006/05/05/news/newsmakers/buffett_050606/index.htm" REL="nofollow">[Link]</a><br/><br/><i>Now, how can he be bullish and have the whole economy blow-up over a so called housing bubble? </i><br/><br/>You tell me.. Year Interest Only Option Arm
2005 42.6% 29.1%

I’m willing to bet the percentage numbers will be much higher for 2006.

…

Hold on here! Those are new loans, right?

Were you expecting old loans instead?

“Buffett: Real estate slowdown ahead

The Oracle of Omaha expects the housing market to see “significant downward adjustments,” and warns on mortgage financing. “

[Link]

Now, how can he be bullish and have the whole economy blow-up over a so called housing bubble?

You tell me..

]]> By: Larry Nusbaum http://www.doctorhousingbubble.com/ponzi-financing-%e2%80%93-the-house-that-credit-built/#comment-94 Larry Nusbaum Tue, 24 Oct 2006 21:44:00 +0000 http://www.doctorhousingbubble.com/ponzi-financing-%e2%80%93-the-house-that-credit-built/#comment-94 Buffet: "Overall, I'm an enormous bull on the country."<br/>Now, how can he be bullish and have the whole economy blow-up over a so called housing bubble? LOL Buffet: “Overall, I’m an enormous bull on the country.”
Now, how can he be bullish and have the whole economy blow-up over a so called housing bubble? LOL

]]> By: Larry Nusbaum http://www.doctorhousingbubble.com/ponzi-financing-%e2%80%93-the-house-that-credit-built/#comment-93 Larry Nusbaum Tue, 24 Oct 2006 21:41:00 +0000 http://www.doctorhousingbubble.com/ponzi-financing-%e2%80%93-the-house-that-credit-built/#comment-93 “The following chart shows the percentage of Bay Area loans that were interest only or Option ARMs (know as negative amortization).”**<br/>Year Interest Only Option Arm<br/>2005 42.6% 29.1%<br/>====================<br/>Hold on here! Those are new loans, right? Of course, but, that's not what it says..... “The following chart shows the percentage of Bay Area loans that were interest only or Option ARMs (know as negative amortization).”**
Year Interest Only Option Arm
2005 42.6% 29.1%
====================
Hold on here! Those are new loans, right? Of course, but, that’s not what it says…..

]]> By: Larry Nusbaum http://www.doctorhousingbubble.com/ponzi-financing-%e2%80%93-the-house-that-credit-built/#comment-87 Larry Nusbaum Tue, 24 Oct 2006 21:22:00 +0000 http://www.doctorhousingbubble.com/ponzi-financing-%e2%80%93-the-house-that-credit-built/#comment-87 LMAO! LMAO!

]]>