 - Last login: 7 hours agoBgamall
- Gary Anderson is a 59 year old married guy from Nevada, USA.
- Likes 1,426 pages, 25 videos, 67 photos • 113 fans • Received 23 reviews
- Member since May 11, 2007
Welcome! The fire pic is the Lake Tahoe Angora fire. I like ORANGE but not fire.
I have strong views about 9/11 because explosive caused squibbs were observed in all three towers. The voiding of contracts in Iraq is proof that the US went in to steal oil. New Covenant Theology is vitally important to me.
I grew up in Coalinga, California class of 1967. Click on my tags to see my views on popular subjects.
Favorites » His Blog
-
Mishs Global Economic Trend Analysis: WaMu Alt-A Pool Deteriorates Further
-
May 6, 4:52pm
1 review
•http://globaleconomicanalysis.blogspo...
-
From the site:
"January Pool Stats
19.3% 60 day delinquent or worse
13.15% Foreclosure
1.83% REO
February Pool Stats
22.69% 60 day delinquent or worse
11.62% Foreclosure
3.56% REO
March Pool Stats
25.3% 60 day delinquent or worse
13.35% Foreclosure
4.44% REO
Note the above progression. This cesspool from May of 2007, was 92.6% originally rated AAA, even though loans had full doc only 11% of the time. In less than one year, the pool was 25.3% 60-day delinquent or worse. Of that 25.3%, 13.35% is in foreclosure and 4.44% is bank owned real estate.
The problem should be clear. In no way shape or form, should any package of liar loans been rated AAA"
|
Add him as a friend >
