today is a real bad day...

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  • shosh
    Banned
    • Jun 2004
    • 4668

    today is a real bad day...

    so i just found out that because of the huge clusterfuck in the mortgage market, my most profitable loans that paid me as a broker up to 4.5% to do, now pay a max of 0. goddamn residential subprime mortgages. hopefully the moody ratings will come out soon and if they are positive maybe return to normal...

    on a lighter note...

  • lilsensa
    DUDERZ get a life!!!
    • Jun 2004
    • 6675

    #2
    Re: today is a real bad day...

    Here, have one of these!

    RIP ~ Steve James







    Comment

    • shosh
      Banned
      • Jun 2004
      • 4668

      #3
      Re: today is a real bad day...

      yeah i wish...

      Comment

      • devon
        Addiction started
        • Jun 2004
        • 362

        #4
        Re: today is a real bad day...

        three letters FHA
        i really wish the floor would stop moving!

        Comment

        • shosh
          Banned
          • Jun 2004
          • 4668

          #5
          Re: today is a real bad day...

          FHA? what do you mean by that. i know what it is, but how does it relate to this? you mean you would rather do FHA loans?

          Comment

          • devon
            Addiction started
            • Jun 2004
            • 362

            #6
            Re: today is a real bad day...

            they are replacing subprime loans, and they pay better
            i really wish the floor would stop moving!

            Comment

            • shosh
              Banned
              • Jun 2004
              • 4668

              #7
              Re: today is a real bad day...

              oh could be. i dont touch subprime. i do only option arms, but pricing is killing me now. hybrid arms still pay ok though, but not as good as traditional option arms.

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