2009-09-08housingwire.com

" Subprime asset values within residential mortgage-backed securities (RMBS) appear to be stabilizing along with some data on overall US house prices, according to fixed-income product and service developer Fitch Solutions, a division of the Fitch Group."



Comments:

catherine at 00:40 2009-09-09 said:
"“In general, the synthetic subprime market is still seeing more activity than its cash equivalent and hence can be used as an effective proxy for asset values"

what the HECK DOES THAT MEAN.............WHO ARE THE SYNTHETIC BUYERS????? MAYBE SOME INVESTORS WITH GOVIE BUCKS THEY STOLE FROM A TAXPAYER

I KNOW WHAT CASH EQUIVALENT MEANS AND SO THE FAKE BORROWERS ARE AN

:lol: :lol: EFFECTIVE PROXY FOR SAYING SUBPRIME ASSET VALUES ARE NOW GOOD :lol: :lol:

meanwhile foreclosures are ramping up and employment is ramping down.................

yeah you deserve what you get if you think subprime assets are going up for awhile...............

but if it feeeeeeeeeeeeeeeeeeeeeeels good....................to say it.. :roll: Permalink

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