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Aaron
A-Bomb


Joined: 24 Jan 2007
Posts: 824
Location: Atlanta, GA

Re: People's Choice
PostPosted: Wed Mar 14, 2007 9:10 pm Reply with quoteBack to top

how much non-prime were these guys? Anyone know if retail closed down too or just wholesale?
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just my $0.02
Flash in the pan


Joined: 09 Feb 2007
Posts: 90

Re: People's Choice
PostPosted: Wed Mar 14, 2007 10:33 pm Reply with quoteBack to top

They were almost entirely subprime. They changed their guidelines about a year ago and tried to spin the production as "more Alt-A", but they never left their roots -- 100% subprime, all the way.
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bakersfieldbubble
Dyn-o-mite!


Joined: 25 Jan 2007
Posts: 488

Re: People's Choice
PostPosted: Wed Mar 14, 2007 10:53 pm Reply with quoteBack to top

I love it when we SCOOP the media. BAHAHAHAHA. Snail news, has stories on this now
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Aaron
A-Bomb


Joined: 24 Jan 2007
Posts: 824
Location: Atlanta, GA

Re: People's Choice
PostPosted: Wed Mar 14, 2007 11:39 pm Reply with quoteBack to top

bb:

where at?
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bakersfieldbubble
Dyn-o-mite!


Joined: 25 Jan 2007
Posts: 488

Re: People's Choice
PostPosted: Wed Mar 14, 2007 11:46 pm Reply with quoteBack to top

Saw it on National Mortgage News, they have been 2-3 days behind. In fact one of their guys Paul M. took a shot at this site, for not being the official voice of the lender implosion. I see that you have a link to them now.
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Aaron
A-Bomb


Joined: 24 Jan 2007
Posts: 824
Location: Atlanta, GA

Re: People's Choice
PostPosted: Thu Mar 15, 2007 12:03 am Reply with quoteBack to top

Does anyone have any details on this S-11 document retraction?
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